After New Bearish Weekly Candle, Traders Fear for Scary Pullback to $7,000

[Tanimariya]

Traders say the price of Bitcoin may drop to the $7,000s after the weekly candle closes below $9,400.
A new weekly Bitcoin (BTC) candle opened at $9,327 on June 15, under a crucial resistance level at $9,400. Traders say the price of Bitcoin could fall to the $7,000s in the near term.

Critical support levels in the short term are considered to be $9,200 and $9,000. If the price of Bitcoin falls both levels and remains in the $8,000s, some traders expect Bitcoin to fall to as low as $6,000.
Read more: https://cointelegraph.com/news/after-new-bearish-weekly-candle-traders-fear-for-scary-pullback-to-7-000