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Markets

Bitcoin price (BTC) is predicted on June 7

The weekend started with the growth of the market in general, according to Coinstats.

BTC chart by Coinstats

BTC/USD

Bitcoin (BTC) increased by 1.44 % over the past 24 hours.

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On the hourly graph, the main encryption rate is near the local resistance of $ 105,718.

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If there is an outbreak, there is an opportunity to test a 106,000 dollar region-107,000 dollars soon.

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In the larger time frame, the image is also rising. If buyers can bring the BTC price above the level of 106,329 dollars, the accumulated energy may be sufficient to move to the area of ​​$ 108,000.

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From the mid -term point of view, the BTC rate has made a false outbreak to resist $ 100,764. However, buyers may need more time for more growth. In this regard, side trading is within $ 104,000-108,000 dollars is the most likely scenario.

Bitcoin is trading at $ 10550 at the time of the press.

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