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Bitcoin Price Consolidates, Can Move To The Closest Support Line Soon

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Bitcoin price has been trading sideways, struggling to break past its immediate resistance level. Over the last 24 hours, Bitcoin fell by 1%, confirming sideways trading. In the last week, BTC has barely made any progress with its price. If the coin continues to stick around the same price level, it could soon be a free fall for the asset. The technical outlook points towards the weakness in buying power. Demand for the coin remains low as the asset fails to move up north. A fall from this price zone could even bring the Bitcoin price to as low as $18,000. At the moment, the $18,900 price leve ...

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