Bitcoin

Daily Market Analysis - BTC

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The market ran up to 276B, and has since moved down to 269.51B. Dominance is down to 57.19%. The price of Bitcoin has managed to stay above it's support level of 8500.

Key levels of support and resistance
Support - 8500
Resistance - 8800

If support at 8500 breaks down, the critical level of support is at 8200, which is illustrated by the yellow circle. If broken, the channel would become invalidated.

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