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No significant rebound yet for Bitcoin

29 Dec, 2021

Later yesterday afternoon Bitcoin fell back below 48k. It has earlier come close to that level, when it was seemingly sent lower by the noted news from Russia. However, it had seemed to brush that aside, when it lifted back from a low at 48,387, to back above 49,250. However, that rebound did not last and eventually the lead cryptocurrency dropped back below 48k. Later in the evening that move extended to below 47,500. The low was set at 47,318. Earlier today it did rebound back above 48k once more and is trying to do so right now. However, the rebound is not exactly convincing yet. The high seen so far today has been set at 48,115. It is currently trading at 47,960

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