Bitcoin price analysis: BTC/USD engulfed in bear pressure, battered bulls yearn for a catalyst

The moving averages are offering resistance to the upside, but critical resistance is at $6,800. BTC/USD is supported at $6,650, but $6,200 is a possible breakdown. Bitcoin price is on the verge of another downside breakout, besides it testing the short-term support level at $6,400. The price has been unable to break above the descending […]

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