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CoinGape 2021-12-20 08:39:32

Bitcoin Price Prediction: BTC stares into the abyss as $39,500 looms

Bitcoin price forms a descending triangle pattern, hinting at 14.88% correction. The decreasing trading volume and the position of the SMAs above the BTC price show that recovery is a huge challenge. Bitcoin (BTC) price has been suffering under the strong arms of the bears since the all-time high of $69,000 traded on November 10. The post Bitcoin Price Prediction: BTC stares into the abyss as $39,500 looms appeared first on CoinGape.

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