Last week, the Bitcoin (BTC) price gave a weekly candle closing above the $20000 mark, while the long-tail rejection also accentuated demand pressure. Although the crypto market witnessed high volatility this week, the buyers managed to sustain above the mentioned level. However, the ongoing recovery facing strong supply pressure at $22800 foretells a minor pullback.
The post Bitcoin Price Analysis- Higher Price Rejection Hints BTC to Retest $20000 appeared first on CoinGape.
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