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Bitcoin Price Corrects But Uptrend Is Still Intact and BTC Could Rally Again

Bitcoin Price Corrects But Uptrend Is Still Intact and BTC Could Rally Again

Even though the price of bitcoin is rising above the $27,000 resistance level, it is still below $27,800 and the 100 hourly simple moving average. On the hourly chart of the BTC/USD pair, there is a break below a significant bullish trend line with support located close to $27,900. The $28,000 region represents the next significant resistance. A player on BitStarz wins a record $2,459,124. News Sorce