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Bitcoin Recovers to $20k, then Drops!

Name: Bitcoin Recovers to $20k, then Drops!
Uploaded: 2022-09-28
Channel: David Kindley
Description: Bitcoin was up 5% in the last few sessions, the highest level in two weeks.The upturn drove the token to reclaim the $20k level before bears moved in to complete a full reversal.The cryptocurrency has remained subdued since trading at $69k in Novembe

By David Kindley Last updated Sep 30, 2022 369 0

Bitcoin was up 5% in the last few sessions, the highest level in two weeks.

The upturn drove the token to reclaim the $20k level before bears moved in to complete a full reversal.

The cryptocurrency has remained subdued since trading at $69k in November, leading to a 56% drop year-to-date.

Will there be another revival up to $20k, or will we see even further fresh lows?

Timestamps
BTCUSD 01:35
ETHUSD 03:05

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Bitcoin (BTC)BTCUSD Ethereum USD (ETH/USD)

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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