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© Reuters. Bitcoin hits a wall at $30,000, but dip to $27,000 was quickly absorbed
Positively surprises the rapid reabsorption of the descent to $27,000.
The $30,000 turns out to be a big hurdle to overcome: a key inflection point needed for a meaningful recovery. The asset has already touched the $31,000 level, without however volumetric consolidation.
The box identified last week is excellently calibrated, and we see that the volumes inside it have grown a lot.
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