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Bitcoin Price Analysis, 10th June: BTC Bears in Action
Bitcoin and the aggregated cryptocurrency markets have faced increasing selling pressure as of late that appears to have put their recently established upwards momentum in jeopardy. BTC/USD Dominant Trend: Bearish Resistance Levels: $9000, $9200, $9400 Support Levels: $6500, $6300, $6100 Bitcoin Price Analysis As at the time of writing, the Bitcoin price is trading at $7643. The prices of the cryptocurrency are trading below the moving average with a period of 50 days, which indicates a downward trend in Bitcoin. For the time being, the prices of the cryptocurrency are moving near the lower limit of the Bollinger ... (full story)