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Bitcoin Price Rejects Key Resistance, But Could Fed’s Powell Send Price Surging on Friday? Cryptonews 22 aug. 2024

Bitcoin Price Rejects Key Resistance, But Could Fed’s Powell Send Price Surging on Friday? 📉

Jerome Powell USA Bitcoin Federal Reserve

The Bitcoin (BTC) price faced a strong resistance at its 50-day moving average (50DMA) around $61,300 on Thursday.

Subsequently, the price fell back to around $60,000.

This movement occurred despite new economic data suggesting that the US economy is not nearing a recession.

Bron: cryptonews.com ↗

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