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Bitcoin BTCUSD, soared past $23,000 on Saturday, its highest level since September, as the crypto currency market recovered some ground in early 2023.
On the technical analysis side, BTCUSD has turned to the upside, rewrote local highs, and consolidated above the downtrend line.
Source: https://www.forexlive.com/Education/bitcoin-back-to-19000-former-strong-support-20230113/