This Unexpected Factor Suggests Bitcoin May Crash From $9,000s, Not Rally

Bitcoin is in no man’s land. Just look at the chart below from analyst Josh Rager, which shows that BTC hasn’t even moved out of the $8,500-10,000 range for eight weeks: “BTC’s range is clear. Current support that has been holding the past three weeks is the mid-range Break down here and price likely to see $8900 followed by $8500 range bottom.” The longer this consolidation has gone on, the more bullish analysts have become. […]

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