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Bitcoin Suffers Swift Reversal at $53K, Suggesting More Consolidation Ahead

For the third time in a week, prices quickly pulled back after testing the $53,000 level.

Updated Mar 8, 2024, 9:50 p.m. Published Feb 20, 2024, 5:48 p.m.
Bitcoin price on Feb. 20 (CoinDesk)
Bitcoin price on Feb. 20 (CoinDesk)