Over the past few weeks, Bitcoin (BTC) has finally started to slow, establishing $7,000 as support and $7,800 as heavy resistance; the cryptocurrency hasn’t broken above or below those boundaries for over 10 days. Analysts say that this tightening price action is much like a spring coiling, implying that Bitcoin will soon see a large...

The post Crucial Indicator Shows a Massive Bitcoin Move is Likely Following 30% Drop appeared first on NewsBTC.

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