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200 Week Exponential Moving Average


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Bitcoin Rally Above $70,000 Faces Resistance as Profit-Taking Builds

By FXCOINZ Editorial

1 hour ago

Bitcoin’s rebound above $70,000 is running into a dense technical resistance zone that could challenge the latest bullish push. Short-term holders have also sent more than 44,300 BTC in profit to exchanges, increasing the risk of renewed selling pressure.