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Bitcoin extends correction as Ethereum sees 'picture perfect' rejection at all-time highs
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Bitcoin (BTC) stayed closer to $60,000 on Oct. 22 after the largest altcoin Ether (ETH) failed to cement new all-time highs.
Data from Cointelegraph Markets Pro and TradingView ETH/USD just match its record $4,380 on Bitstamp before seeing a harsh rejection.
Traders watched in anticipation as Ethereum appeared to follow Bitcoin to historic new levels, only to face immediate resistance and fall sharply back into a lower range.
We couldn’t even celebrate $ETH ATH for longer than 30 seconds Lmfao ruthless market makers
Trader and analyst Rekt Capital called the event a "picture perfect rejection."
At the time of writing, ETH/USD circled $4,150, preserving $4,000 as support with the exception of a flash dip which immediately followed the all-time
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