Sentiment: Negative
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BTC Price Prediction: Increased Supply at $28000 Threatens 10% Correction in Bitcoin
By Brian Bollinger at 2024-12-25 12:02
Sentiment: Negative
BTC Price Prediction: The ongoing recovery rally in Bitcoin price has taken a halt at $28000 psychological resistance. Moreover, the daily chart showcasing rejection candles at the aforementioned resistance suggests the bullish momentum is getting exhausted. Thus, the coin holders can witness a minor retracement to recuperate buying pressure and check suitability at higher levels. The post BTC Price Prediction: Increased Supply at $28000 Threatens 10% Correction in Bitcoin appeared first on CoinGape. Continue reading...
Categories: Price Analysis
Tags: #Price Analysis #bitcoin price prediction #btc #United States
Source CoinGape