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Bitcoin (BTC) is trading at $ 30,200 at the time of writing. Although BTC, which bottomed at $ 29,700, rose to $ 30,450, it failed to overcome this intermediate resistance point.
Bitcoin must first surpass the $30,450 resistance in order for altcoins to experience significant rises as of the weekend. A breach of this resistance could bring a rise to $31,500.
The failure of Bitcoin to exceed the $ 30,450 resistance in the next 2 days may cause a decrease to $ 29,700.
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