Investors have paid higher prices over time to buy Bitcoin and the currency is in a rising trend channel in the long term. Rising trends indicate that the currency experiences positive development and that buy interest among investors is increasing. The currency has given a positive signal from the rectangle formation by a break up through the resistance at 67241. Further rise to 84547 or more is signaled. The currency has marginally broken up through resistance at points 71000. An established break predicts a further rise. The currency is overall assessed as technically positive for the long term.
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Investors have paid higher prices over time to buy Bitcoin and the currency is in a rising trend channel in the long term. Rising trends indicate that the currency experiences positive development and that buy interest among investors is increasing. The currency has given a positive signal from the rectangle formation by a break up through the resistance at 67241. Further rise to 84547 or more is signaled. The currency has marginally broken up through resistance at points 71000. An established break predicts a further rise. The currency is overall assessed as technically positive for the long term.
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