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Bitcoin Surges Past $80,000 on Dovish Fed Comments and Dollar Weakness

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The Story

News Summary

  • Bitcoin rallied over 5% back above $80,000 following dovish comments from Fed Governor Waller, which lowered rate-hike odds and weakened the dollar.
  • BTC cleared resistance at $78,670, though overbought RSI conditions suggest a potential short-term consolidation before testing the next resistance near $81,800.
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BTCUSD price history

76741.28 +13.77% over the displayed period

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