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