Bitcoin (BTC) refreshed February highs on Friday as attention focused on the upcoming weekly close and a longer-term rally to $88,000.
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Bitcoin hits its highest levels in ten weeks as markets abandon geopolitical nerves.
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BTC price strength may bring back $88,000 in just two to four weeks, a trader predicts.
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$72,800 becomes the level to watch for the next weekly candle close.
Bitcoin price local peak brings hope of $88,000
Data from TradingView confirmed new ten-week highs of $77,027 on Bitstamp.
BTC price action attempted to capitalize on recent strength across risk assets, with geopolitical tensions and uncertainty over global oil supplies increasingly priced in. A ceasefire between Israel and Lebanon appeared to further…
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Source cointelegraph.com
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