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Bitcoin rally stalls at $64,400 level, Jordan Kerridge notes

Bitcoin rally stalls at $64,400 level, Jordan Kerridge notes
Bitcoin tests key resistance near $64,400

Jordan Kerridge highlights that Bitcoin has returned to a significant price level after finding support at $63,500 several times in recent days.

The cryptocurrency has now rallied back toward resistance near $64,400, where a previous rejection occurred. Kerridge questions whether buyers currently have enough momentum to break through this resistance.

Kerridge has recently highlighted sizable returns from long-term equity investments. He reported that a $1,000 investment in Tesla in 2011 would now be valued at $380,000 after 15 years, according to a caller on The Dave Ramsey Show. He also noted that a $10.41 investment in IBM shares in 1932 would now exceed $1 million after 94 years.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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