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Bitcoin Has Support At $ 46,000 Level After Failed Breakout, Cardano Price Breaks Above $ 2.20 By CoinTelegraph

Bitcoin has support at the $ 46,000 level after a failed breakout, Cardano price surpasses $ 2.20

(BTC) bounced off a support at $ 46,000 on August 14 after an attempt to break through a major resistance ended in rejection.

1-hour price chart of the pair (Bitstamp). Source: TradingViewBitcoin rejects $ 48,000 level Data from Cointelegraph Markets Pro and TradingView showed that the BTC / USD pair rose to face a giant selling wall on Saturday, only to retreat to Friday’s levels.

As Cointelegraph reported, the seller pressure area from $ 47,000 and up had been a formidable feature on the daily chart all week, and it took Bitcoin several days to prepare for its attack.

Read the full article on Cointelegraph

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Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: [email protected] Phone: +1 513-209-1700

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