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NewsBTC 2021-03-05 12:53:49

Bitcoin Bearish Correction Pauses: Focus Remains on Dollar and Yields

Bitcoin prices extended losses on Friday as the US dollar gained alongside the long-term Treasury yields. Downside pressure on cryptocurrency remains amid expectations of modest job growth in the US. The technical support offered by the 20-period moving average on the four-hour chart maintains Bitcoin’s medium-term bullish outlook. Bitcoin dropped Friday, suggesting that the benchmark […]

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