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Key Points Bitcoin price made a sharp downside move and traded below the $12,000 support against the US Dollar. There was a break below two important bullish trend lines with support near $17,800 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is currently recovering, but it is facing a major resistance … Continue reading Bitcoin Price Weekly Analysis – BTC/USD is Under Bearish Pressure
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