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Bitcoin Continues its Path to Recovery

Bitcoin has been gradually rebounding after the 4th of July selloff. The German government has applied a lot of sell pressure in the Bitcoin market, but is unable to keep the price down. Bitcoin is showing some resilience here, and continues to gradually climb higher. There is resistance between $58k and $60k, Bitcoin is making some slow progress to break through resistance. As I discussed in yesterday’s live stream, the real fireworks start with a bullish breakout above the green bull flag around $64.5k.

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