Bitcoin, Ethereum Technical Analysis: BTC Rebounds, Following Decline in US Consumer Confidence – Market Updates Bitcoin News

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BTC moves higher, following a decline in U.S. consumer confidence.

/USD raced to a high of $1,658.69 earlier today, less than 24 hours after nearly falling below $1,600.

As a result of this surge, the world’s second-largest cryptocurrency climbed to its strongest point since last Thursday.Additionally, price strength has also risen past a ceiling at the 53.00 mark, with the index tracking at 54.68 as of writing. Despite this, the 10-day moving average still seems set to crossover its 25-day counterpart, which could prompt an upcoming sell-off.Register your email here to get weekly price analysis updates sent to your inbox:

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YEAR 2024 After next Halving Btc will touch a new ATH 👀

All the while Elon keeps gunning for that half trillion $ status 👀🤣

What rebound. There was a small pump and it will dump. There is no organic demand. The market continues to be manipulated to hold the $23k line

Starting to think more are considering Bitcoin risk off instead of risk on. Hmmm

Come on, let's start to meet our new height 100K🚀🚀🚀🚀

Btc 1000000 $

Bullish on BTC

🚀

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