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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Jentot on September 30, 2020, 06:42:02 AM

Title: This Fundamental Indicator Shows Why Bitcoin Can’t Seem to Break $11,000
Post by: Jentot on September 30, 2020, 06:42:02 AM
This Fundamental Indicator Shows Why Bitcoin Can’t Seem to Break $11,000
Bitcoin’s price has entered a consolidation phase as it trades between $10,600 and $10,800 The cryptocurrency’s strong uptrend in recent days stalled as soon as it approached $11,000, as the selling pressure at this level has proven to be quite significant Analysts are now conflicted on where it may trend next, as it all depends on whether $11,000 proves to be a surmountable level One...

See more for yourself here (https://bitcoinist.com/this-fundamental-indicator-shows-why-bitcoin-cant-seem-to-break-11000/?utm_source=rss&utm_medium=rss&utm_campaign=this-fundamental-indicator-shows-why-bitcoin-cant-seem-to-break-11000).