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Bitcoinist 2020-07-06 18:00:43

Here’s How Low Bitcoin Needs to Drop Before it Can Take Aim at $15,000

Bitcoin posted a strong reaction to its recent dip into the sub-$9,000 region The support here has since allowed the cryptocurrency to climb over 2% towards a critical near-term resistance level How it trends from here could depend on the resolution of a pennant that has been formed over the past couple of weeks One prominent trader is noting that he is anticipating Bitcoin to soon decline towards $6,000 He suspects that the buying pressure […]

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