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In other Cryptocurrency news today:
The Bitcoin price returns to $8,700 as resistance becomes new bull support.
In a Twitter update on Monday, the popular account known as Crypto Bull highlighted the fact that a dip to current levels represented previous resistance now acting as support.
“Just testing that support again,” he told followers, referencing Bitcoin’s dramatic run-up from $7,400 to over $10,500 from Oct. 26th.
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Show Notes / Resources:
https://cointelegraph.com/news/hcm-capital-expects-chinas-digital-currency-to-launch-in-2-3-months