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Published 2 years ago

Bitcoin »The price of BTC could retreat before the next recovery › Geeky News

Summary by Ground News
The price of Bitcoin (BTC) rallied to nearly $ 50,000 USD on December 5, as traders continued to take stock of recent events. The leverage may be gone, but Bitcoin faces an uphill struggle and several levels of potential resistance on the way back to all-time highs. A significant portion of the open interest on the futures contracts was eliminated during deleveraging and more than $ 2.5 billion was settled in trading accounts.

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