Bitcoin Seems to be Losing its Momentum for Challenging a Higher Target at $11,000
Bitcoin’s price has been moving not so excited during the past few days. It makes the bull sentiment weakened as the investors might lose their patience on Bitcoin. As can be seen in the 1H timeframe, Bitcoin’s price has found a new lower resistance level at $10,850 which is lower than the one was at $11,000 previously. Therefore, Bitcoin would further pullback in price if it can not outbreak $10,850 in the short term.
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