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Bitcoin (BTCUSD) Poised to Rebound as Rare 2020 Bullish Signal Nears and Selling Pressure Drops

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The Story

News Summary

  • Bitcoin is near a crucial breakout point, supported by a bullish cup and handle pattern, low selling pressure, and key moving averages, signaling a potential strong upward trend if it flips the rare 4.5% yearly negative-to-positive price change.
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BTCUSD price history

76812.84 +14.65% over the displayed period

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