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Bitcoin’s sub-$40K range trading and mixed data reflect traders’ uncertainty

For example, traders playing the Feb. 28 pump that took Bitcoin (BTC) above $43,000 should have known that the price would face some resistance. Considering that the market had previously rejected at $44,500 on multiple instances, calling for a retest below $40,000 made perfect sense, right?

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Source: Cryptocurrency - investing.com

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