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Bitcoin has been lagging in the recovery from the broad market rout in the start of August, in part because of worries about the sale of Mt. Gox bitcoin. But it’s making up for lost time today, rallying nearly 5% and trading at a session high.
The daily chart has a nice look as it breaks out of two weeks of consolidation to the upside with not much standing in the way of $68,000.
This article was written by Adam Button at www.forexlive.com.
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