Is The Correction Over? Bitcoin Struggles To Maintain The $10,000
After a few consecutive days of massive price fluctuations, in which BTC lost $2,000 of its value, the past 24 hours were relatively calm. Bitcoin bounced off $10,000 again but since then pumped to the intraday high of $10,350.
However, the bears didn't allow further increases and drove it back down to its current level of $10,150.
Looking ahead, the psychological line at $10,000 remains as the first critical support. If broken, Bitcoin could soon test $9,800, $9,600, and even dump to $9,400 and $9,100.
If $10,000 indeed supports BTC, the primary cryptocurrency could r
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