Bitcoin Slumps Below Key Support Level. How Low Can It Get?

Bitcoin Slumps Below Key Support Level. How Low Can It Get?

Bitcoin have retreated to a crucial area of support that served as the upper limit of the negative movement in late June at the 18,000 range. Bitcoin Breaks Crucial Level After falling below the bear flag at the middle of August, prices were able to fall further on a break of 20,000 before reaching a crucial area of support at around 19,600. Although it has just returned to action, this level has also served as a critical source of resistance for the leading cryptocurrency since 2017. BTC/USD falls below $20k. Source: TradingView This places a strong downward pressure on Bitcoin as it....


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