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Closing Bell: Nifty closes above 17,250, Sensex gains 1,276 pts; all sectors in the green.

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BTC in a Crucial Resistance Zone; How to Enter a Long Trade.

  • BTC’s price is in a crucial resistance zone between $19,600-$19,750.
  • A break above this level will see it reclaim its 200-week MA market cap.
  • The last 24 hours have seen BTC’s price increase 2.28%.

The crypto market leader, Bitcoin (BTC), currently has a crucial resistance between $19,600-$19,750. Should the crypto market leader be successful in breaking above this resistance then the next resistance level will be at $20,100. Following this level, $20,700 is next.

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CRUDEOIL futures in early European trading hours Tuesday were inching higher, having consolidated the sharp gains from the previous session in anticipation of a steep cut in OPEC+ quotas when the group meets this week.

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