Wednesday, December 4, 2019

Bitcoin Falls Below $9,000 so Analysts Move to $8,400

After a long period of consolidation within its already established trading range, Bitcoin bears have now taken control and reduced the price of BTC from their previous support level to around $9,000.
Today’s decline has led many analysts to set significantly lower targets for the cryptocurrency and is looking to move faster than it would before its bull has a chance to develop any force. It will touch the main support levels around $8,400 in the short term.

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