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Bitcoin erases the April rally as it falls back to $28,000

Two days of heavy selling have erased the April rally in bitcoin and knocked it back to $28,000. It's still up 40% in the past six weeks but the turn marks an end to the latest leg of momentum.Bitcoin has also had a knack for leading changes in risk sentiment. The decline today, along with a 10.5% fall in Tesla shares shares points to broader trouble ahead.As for bitcoin itself, there isn't much on the chart right now to argue for aggressive selling. There's solid support down to the late-March... Read More

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Bitcoin

Erases

April

Rally

Falls

Back

28

000 28 000

Forex

Posted: Apr 20 2023, 19:41

Author Name: forexlive

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