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Bitcoin Lift-Off Is Ready According To Technical Breakout Pattern

A bitcoin lift-off is ready according to the technical breakout pattern after the cryptocurrency started a fresh increase from $10,140 swing low against the US dollar. Bitcoin broke the resistance at $10,550 and it seems that the bulls are aiming to clear the level above $11,000 as we are reading more in the latest bitcoin news. Bitcoin stayed above the $10,000 support and started a decent recovery wave but the price is trading still above the $10,550 resistance and the 100 simple moving average. There was also a key bearish trend line broken with the resistance at $10,600 on the…

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