VIDEO: Bitcoin breaks out of recent range and makes a run toward retracement resistance

  • Bitcoin trades with a increased bullish bias

The price of bitcoin is making a break for it. The digital currency has moved outside of the recent up and down trading range and looks to test the next key target at the 38.2% of the move down from the end of May high. That level comes in at $23239. Move above and it should open the door for further upside momentum.

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