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Crypto

Bitcoin Surges Past $64,000 Resistance Level

Guavy AI Editorial Team
Instruments
BTC
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Bitcoin (BTC) prices continued their upward momentum on August 18th. Overcoming the negative pressure of its EMA50, BTC's price successfully broke through the $64,000 resistance level, strengthening the surrounding bullish momentum.

A strong bullish minor wave took control of the short-term price movement, supporting the continuation of the positive trend and increasing the chances of extending gains in the near term.

Bitcoin is trading above its EMA50, which represents dynamic support and reinforces the stability and dominance of the main short-term uptrend.

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