Why An Analyst Thinks Bitcoin Is “OK” as Long as This Level Holds

Bitcoin has undergone a strong correction over the past few days. The cryptocurrency, after peaking near $12,100 last week, reached a low of $9,800 over the past few days. Bitcoin has since undergone a bounce, with the coin now trading at $10,400 as of this article’s writing. While there are bears calling for a bear market, a historically accurate trader says Bitcoin remains in a good spot. The caveat is that BTC must hold $9,000, […]
Bitcoinist.com

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Author: toutiao