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Forex Market News & FX Forecast

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BITCOIN WEEKLY FORECAST: SLIGHTLY BULLISH

  • Bitcoin’s medium term outlook remains negative, but a near-term bounce may be in the cards
  • Crypto buyers could return to the market if BTC/USD manages to hold steadily above key support in the $29,150/28,600 range
  • If a technical rebound takes place after the recent sell-off, the $36,000 area would become a possible upside level of interest

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