Bitcoin (BTCUSD) Week Long Consolidation Nearing Completion

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Bitcoin (BTCUSD) saw some healthy profittaking this past week, pulling back to slightly below 7k and working off overbought conditions on the daily chart. BTCUSD has bounced strongly on this Sunday's Asia morning and appears poised to resume its uptrend, beginning to form its 4th straight green weekly candle...Click herefor the rest of today's technical and fundamental analysis on Bitcoin, the crypto/blockchain industry, Ethereum and Ripple

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