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March 18 Bitcoin Update – Two Rejections at $68.5k Yesterday

Yesterday I discussed how $BTC is forming a bullish rebound, and emphasized that there will be resistance at $68.5k on the way up. There have been two rejections at $68.5k since yesterday’s update. However, BTC is still holding strong below the resistance level so I think there will be more attempts to break the $68.5k resistance level here. It is also important to keep in mind that there has been important price action taking place in late night hours for those in U.S. time zones.

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