Home Bitcoin News Bitcoin Risks Deeper Drop After Shallow Price Bounce – CoinDesk

Bitcoin Risks Deeper Drop After Shallow Price Bounce – CoinDesk

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The cryptocurrency looked to have had potential to jump above $7,300 and possibly extend gains toward $7,500. After all, credible signs of seller exhaustion had emerged on the intraday technical charts following Thursday’s drop to $7,072 – the lowest level since Nov. 24.

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