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Bitcoin (BTC) Nears Key Breakout Level: Price Analysis and Predictions

The Bitcoin (BTC) price has turned back up on Wednesday and is a very short distance from a key breakout level that would likely take the king of the cryptocurrencies back to the all-time high if it can be broken and held above. Can Bitcoin put on a spurt and break this level, or will relatively overbought conditions lead to a rejection?

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