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Friday

06 August 2021

Bitcoin Price Analysis: BTC Eyeing Downside Thrust Before Reversal

Bitcoin Price Analysis: BTC Eyeing Downside Thrust Before Reversal


smart summary beta

Bitcoin price is currently trading in a bearish zone below $9,000 against the US Dollar.

In the past few days, bitcoin price remained in a bearish zone below the $9,500 level against the US Dollar.

If bitcoin price manages to clear the triangle resistance and $9,000, it could correct higher towards the $9,200 resistance.

Looking at the chart, bitcoin price is clearly trading in a bearish zone below the $9,000 level.

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