BTC/USD: How Long Can the Ongoing Bounce Off Last for?
On the daily time frame, the scenario is rather bearish than bullish even though the sideways trading continues for the second month so far. There are lowering heights which confirm the absence of buyers' resistance. In case bulls cannot get to $9,500 and fix above it, traders might expect another drop below $9,000, to the $8,700 mark.
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