Bitcoin’s Price Seems Not Stop Swinging Down Along with Gold
Bitcoin failed to withstand above the resistance level at $10,600 yesterday. Although it closed at $10,535 and rose 1.11% in price as compared to the previous closed price, a slight rally in Bitcoin’s price didn’t excite the investors. Instead, Bitcoin’s price follows the gold swinging down as there is no stop sign for it. Therefore, as the bears still dominate the markets, Bitcoin is expected to move further down until it finds strong support.
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