Bitcoin Price Analysis: Bullish Retest of $10.8K Teeters on Bearish Bias

The bitcoin market has gone parabolic as we blasted off through two major weekly levels. We are currently testing the $8,000 level and we might see a strong round of selling hit the market that could potentially pull us down to retest the mid-$6,000s. If we manage to crack the overhanging resistance and find support, we can expect to see further price growth.

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Source: Bitcoinmagazine

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