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Last time Bitcoin printed this technical signal, it rallied nearly 3,000% — and it’s back Last time Bitcoin printed this technical signal, it rallied nearly 3,000% — and it’s back

Last time Bitcoin printed this technical signal, it rallied nearly 3,000% — and it’s back

with insights from Eric Thies

Bitcoin’s inability to decisively break above the $10,000-10,500 resistance level hasn’t been seen as the most bullish of signs by investors.

Last time Bitcoin printed this technical signal, it rallied nearly 3,000% — and it’s back

Photo by Chinh Le Duc on Unsplash

Bitcoin’s inability to decisively break above the $10,000-10,500 resistance level hasn’t been seen as the most bullish of signs by investors.

One trader that called that BTC would drop to the $3,000s months before it happened recently went as far as to say that without turning $10,500 into support, the cryptocurrency is on track to revisit the $3,000s, then fall even lower.

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