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Friday, February 3, 2023



Bitcoin / U.S. dollar BITSTAMP:BTCUSD


The Bitcoin network is a decentralized peer-to-peer payment system where transactions are recorded on a public ledger called the blockchain. Transactions are verified by network nodes through cryptography and recorded in blocks, which are added to the blockchain. Miners, who are incentivized by the rewards for verifying transactions, race to be the first to solve a cryptographic puzzle, adding the next block to the blockchain and earning newly minted bitcoins . The decentralized nature of the network means that there is no central authority controlling it, and transactions are processed without intermediaries.


Hy team we are here to update about BTCUSD . A s we explained before that BTC is at a strong support level here we can see a good bounce in price. After this bounce we can see next resistance at 35k price level.
Now this is exactly on the way to that target but here there is a small Retesting then again it will follow Bullish Trend

Via TradingView Ideas

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