Bitcoin’s strength didn’t last for long. After attempting to run past the resistance around $10,000 on Monday, the cryptocurrency strongly reversed. On Wednesday, BTC fell as low as $8,950 — almost 9% below the week’s highs. While the rapid reversal has been anything but bullish, data shows that there’s on-chain support should Bitcoin’s price dip further. Bitcoin Is About to Enter a Confluence of On-Chain Support Despite Bitcoin seeming to be on a slippery slope […]
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