After experiencing a protracted amount of sideways commerce among the lower-$8,000 region. Bitcoin (BTC) has another time extended its downward momentum and has begun moving lower these days. Because it has broken below $8,000 on most major exchanges.
This extension of its downward momentum has LED most analysts to focus on lower-lows within the near-term. However BTC will still have one last level of near-term support before it posts a decisive break below the recently established commerce vary that it’s been caught among for the past many days and weeks.
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