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“Bitcoin finally resolved its 10-day sideways range by exceeding the downtrend which had been in place since early September,” research firm FSinsights said in an email. “Note, trends had turned negative a month ago technically, but after a visible three-wave decline into late September, Friday’s move is a big positive in helping to resolve this consolidation. The first upside target lies at September highs at $52,956, then $64,895.”
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