Bitcoin falls as China declares all crypto transactions illegal

Oof.

Bitcoin tumbled on Friday morning as the People's Bank of China said all cryptocurrency-related transactions are illegal.

Article: finance.yahoo.com/ne...rypto-101724624.html

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Bears in charge on the 1 minute candles, but support has been holding up so far.

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Range trading on the 1 minute, but failed to make a new high and heading back down.

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Lower highs, but tough support area.

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Buyers back in charge, big fat rally off support.

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Welcome back Bulls