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Bitcoin Forms Fresh Trading Range as Bullish Technical Pattern Emerges

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After briefly dipping below the psychologically important price level of $10,000, Bitcoin has once again extended the upwards momentum it has incurred over the past several months and is now firmly trading within the $10,000 region.

Analysts are now pointing to the formation of fresh trading ranges and a potentially bullish inverse head and shoulders pattern that has been forming, which may give traders some direction as to which direction the volatile asset is heading next.

Bitcoin Gains Strong Foothold in Lower-Five Figure Price Region

At the time of writing, Bitcoin is trading down marginally at its current price of ...

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