Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk – Market Updates Bitcoin News

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Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk – Market Updates Bitcoin News
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Bitcoin marginally higher, as Musk declares 'BTC will make it.'

) was trading below $1,300 for a third straight day, which comes following recent uncertainty in the marketplace./USD marginally rebounded, climbing above $1,200.

The world’s second largest cryptocurrency surged to an intraday peak of $1,267.48, which is over 2% higher than earlier lows.Looking at the chart, the surge in price has also led to the RSI climbing higher, with the index now hovering below a ceiling of 43.00to extend today’s surge and move above $1,300, this point of resistance will likely need to be broken.

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