Bitcoin has continued it's downward momentum and we expect the cryptocurrency to keep moving towards the support level at $6516. However, if Bitcoin reaches the $6516 there could be a sharp bounce upwards given the volatile nature of the cryptocurrency.
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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.