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Mar 24, 2021 12:23 PM

BTCUSD long view Long

Bitcoin / US DollarBinance

Description

ooking at the chart on the four-hour time frame, we see that the pair has good support in the moving averages of the MA200 and EMA200. A retest made on the previous break at $ 52,500 directing Bitcoin to higher targets looking at the previous high at $ 61770 as the first target and potential resistance.
Bitcoin is in the spotlight again after Tesla CEO Elon Musk announced that it has started accepting BTC as a payment method. Tesla has started accepting Bitcoin as a form of payment, according to its CEO Elon Musk. All of the company’s electric vehicles, including the world’s best-selling all-electric car, Model 3, can now be purchased with the BTC.
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