We still see Bitcoin moving lower towards support at $8500 whilst it remains below the key $10,000 psychological level. We are particularly encouraged in our view as despite a drop in equity markets and the golden cross which have been seen as catalyst in the past to higher prices the cryptocurrency has remained lower in recent trading sessions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.