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Bitcoin Price Faces Tough Resistance Despite Recovery On The Chart

Bitcoin price continues to witness strong resistance around the $19,400 mark. Over the last 24 hours, the coin depreciated by 2.9%. At the beginning of this month, Bitcoin price had staged a brief recovery but it was met with selling pressure.

After the coin started hovering near the $18,000 price mark, this level attracted buyers on the chart. Soon after that,
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