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Technical analysis said, Bitcoin has found support after plunging 60% from it's previous high in December 2017.
Bitcoin's key support at bottom was $7000. It tested several times in this year.
RSI indicator showing oversold position in Bitcoin. Bitcoin's RSI, a measure of momentum, is trading currently around 40. A level, close to oversold conditions indicator 30.
Bitcoin has up nearly 2% on Thursday and last traded $7558.
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