Bitcoin

BTC/USD: Bulls Are Not Giving up the Initiative in the Short-Ter

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According to the daily chart, a chance to retest the $9,100 still remains. First of all, buyers are not powerful enough to update the local heights as the trading volume is low. In this case, after a bounce back to the zone of $9,600-$9,700 there might be a sharp decline to $9,100. Bears might reach the mentioned support level by the end of the current month.

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