A $9,800 Bitcoin is Possible After Overnight Upside Rejection: Analyst

Bitcoin bulls should brace for the cryptocurrency to hit the $9,800 valuation, according to an analyst. The pseudonymous entity envisioned the downside scenario after BTC/USD failed to maintain support above $11,200 on Sunday. A high selling pressure around the said level ensued an overnight bearish correction. As a result, the pair fell to as low as $10,750 at one point in time. “SuperTrend is now flipping bearish and looks to be ready to correct as […]
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