The Bullish Sentiment Weakened on Bitcoin as a Dip in the Stock Markets

The price of Bitcoin has been moving between $11,200-$11,600 after president Trump called to cease further stimulus negotiation for the first time last week. Despite Bitcoin moving relatively stronger as compared to the stock markets, the bullish sentiment seems weakened as the price has been continuously rejected at the $11,600 level. As a result, we expect there is a further correction for Bitcoin.

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