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Bitcoin, although it fell to levels around 69,200 in the early hours of the day, rose again above the 70,000 mark with buying activity towards midday. Currently, this level is being watched as an important psychological support.
Levels to Watch:
Resistance: 70,600 and 71,200 levels are critical for the continuation of the upward movement.
Support: 69,400 and 68,800 regions are seen as the main support points in case of a possible pullback.