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“Bitcoin bounces around in an ascending channel, hitting its three-week upper resistance of $37.8K on Wednesday evening. An intensifying provide-off thwarts makes an attempt to heat the price, but the pullbacks have turn into a lot less deep above the past a few months, suggesting the constructing up of bullish sentiment,” Alex Kuptsikevich, a senior current market analyst at FxPro, reported in an email.
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