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Bitcoin, Ethereum Technical Analysis: BTC Slips, Following Move Above $21,000

October 27, 2022

Category:

Bitcoin

Bitcoin (BTC) bulls moved to secure Wednesday’s gains during today’s session, as the token fell from a peak above $21,000.

Yesterday saw the world’s largest cryptocurrency rally to a peak of $21,022. However, it moved to a bottom of $20,430.65 earlier today.

This drop in BTC/USD comes as previous bulls opted to liquidate their gains, and abandon positions, following a move to a five-week high.

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