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Why traders are making a strong case for Bitcoin at $7,700 as volume and momentum weaken Why traders are making a strong case for Bitcoin at $7,700 as volume and momentum weaken

Why traders are making a strong case for Bitcoin at $7,700 as volume and momentum weaken

The Bitcoin price is pulling back after testing the $10,000 level three times in the past week.

Why traders are making a strong case for Bitcoin at $7,700 as volume and momentum weaken

Cover art/illustration via CryptoSlate

The Bitcoin price is pulling back after testing the $10,000 level three times in the past week.

As the price trend of BTC eerily reflects its movement in October 2019, traders are anticipating a steep pullback.

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