Bitcoin is at risk of undergoing a significant breakdown as it consolidates inside a compressive technical pattern. The analogy surfaced as an analyst compared Bitcoin’s latest trend with the one from 2019. He noted that the cryptocurrency consolidated inside a similar Symmetrical Triangle range last year before breaking down towards $6,500 from $14,000-top. As Bitcoin’s modest rally this week comes to halt, analysts have started expressing their worries of a bigger downside move ahead. Cryptocurrency […]
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