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Posted by
Two Blokes Jul 8 -
Filed in
Crypto
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14 views
On the daily chart, Bitcoin's price action has been following a pattern that looks like a classic wave, but it is unclear if the second wave — the crucial surge that could push BTC toward the elusive $140,000 threshold — will materialize. After an unsuccessful attempt to break through the descending trendline resistance that has been limiting momentum since June, Bitcoin is currently trading close to $109,000.