We still see Bitcoin moving lower towards the support level at $6516 despite the limited amount of price action across the past few trading sessions. On the upside we would still want the cryptocurrency to consolidate above the $10000 psychological level before being confident the upward momentum is sustained.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.