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Bitcoin (BTC) dropped to one-week lows on Oct. 23 as a return to support tested bulls’ resolve. BTC price consolidation fails to dent optimism Data from Cointelegraph Markets Pro and TradingView showed BTC price weakness delivering $60,063 on Bitstamp. Down around 1.5% on the day at the time of writing, BTC/USD added to an existing comedown, which preserved $69,000 and above as resistance. While market observers had anticipated such a scenario, popular trader and analyst Rekt Capital suggested that the weekly close would be a key cut-off point for short-term trend strength. Uploading the weekl…

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