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    Bitcoin,  Markets Report

    Markets Report: Bitcoin hits 3-year resistance amid warnings of dip to $11,600

    A night of significant gains culminates in rejection at $16,000, but a simple supply and demand equation may pave the way for more

    Bitcoin is heading towards the end of a hectic week ranging between $15,000 and $16,000 on November 6. In what has become one of the most remarkable periods in Bitcoin’s history, the largest cryptocurrency has hit levels not seen since the end of its previous bull market in late 2017.