Bitcoin rebounds to $56Ok as Dogecoin value halts at 420% weekly good points By Cointelegraph

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Bitcoin rebounds to $ 56,000 as Dogecoin price holds up on weekly gains of 420%

((BTC) made a stable comeback on Tuesday thanks to new bullish news from PayPal combined with solid on-chain indicators.

1 hour candle chart (Bitstamp). Source: TradingView

Cointelegraph Markets Pro and TradingView BTC / USD rose to $ 56,000 during Tuesday’s trading, hours after hitting local lows of $ 53,300.

Annotated stochastic BTC / USD RSI compared to the spot price chart. Source: TradingView

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