Here’s Why It’s Pivotal Bitcoin Holds Current Price Levels After Drop

Bitcoin slipped lower after pushing past $10,500 on Saturday evening. The coin trades at $10,300 as of this article’s writing, around $300 below the local highs. Analysts say it’s pivotal that Bitcoin holds current levels. One historical analysis suggests that if BTC continues to press lower, it may not be in a bull trend anymore. This sentiment is derived from an RSI analysis that suggests Bitcoin is at a point where it has historically bounced. […]
Bitcoinist.com

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Author: toutiao