Bitcoin price charts hint at double-bottom, relief rally to $10,800

in hive-116221 •  8 months ago 

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Last weekend was incredibly rough for most cryptocurrency investors as massive sell-offs occurred. The price of Bitcoin (BTC) dipped below $10K several times but seems to have found short-term support at this level. 

The primary question for the markets is whether a relief rally is around the corner or further downside movement is expected. 

Let's take a look at the charts to determine what might happen next. 


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