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Bitcoin (BTC) Rises Before Weekly Close!
Bitcoin (BTC) was traded at 30 thousand dollars this week, as in the last weeks. Although BTC declined to $ 29,500 during the week, it is currently trading at $ 30,100.
It seems that Bitcoin started to exhibit upward moves hours before the weekly close. Although BTC failed to make a giant leap, it managed to regain $30,000.
As of now, Bitcoin has been rejected at $30,200. The fact that BTC manages to exceed $ 30,200 may provide much more serious jumps.
Bitcoin (BTC) has again displayed sideways movements as of this week. BTC, which is still not able to break up or down, continues to accumulate at critical levels.
When we examine Bitcoin's weekly chart, it is clearly seen how important the $ 31,500 resistance is. If BTC manages to surpass this resistance level, it can bring an increase up to $ 46 thousand in a short time.
In the coming days, if Bitcoin fails to overcome the $ 31,500 resistance, it may fall back to $ 25 thousand. Such a fall will also badly affect altcoins.
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