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Bitcoin has another look at the November high

Bitcoin has another look at the November high

Bitcoin is sending good signals for the risk trade this risk trade this week. It's shot to a high of $21,427 from $19,500 when traditional markets shut down on Friday.

We've just had a fresh push but it again stalled out ahead of the November high of $21,471 for the third time.

It's no surprise to see heavily-technical trading in bitcoin with little else to use to value it.

In the bigger picture it speaks to how enthusiasm for risk assets has amped up in the new year. All it... Read More

Posted: Jan 16 2023, 19:36
Author Name: forexlive
Views: 101981

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