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Bitcoin - Above Key Support

Jul 21, 2021

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Bitcoin - Above Key Support by KQMarkets on TradingView.com

Commentary

Despite the short term downtrend Bitcoin has not dropped below key support at around $9000 and has rallied the past couple of days albeit modestly given the cryptocurrency's volatile nature. 

Bitcoin could rebound further in the coming trading sessions and challenge the psychological $10000 level as investor risk appetite increases with the strong performance of equity markets in recent weeks.

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