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Bitcoin Returns to the Breakout Zone; Can Bulls Survive?

Source photo Unplash.com

Bitcoin has resumed its ascent over the $42,500 barrier level in relation to the US Dollar. BTC is likely to try an upward break over the $43,500 resistance zone in the near future.

Bitcoin stayed sustained at $42,000 and began a new upward trend.
The price is now trading above the $42,500 mark and the 100 hourly simple moving average.
On the hourly chart of the…

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Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com , Email  — gaurav@coincodecap.com

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