Bitcoin Resumes Downward Movement After $11,650 Rejection – BeInCrypto

The Bitcoin (BTC) price had been slowly retracing upwards after a sharp drop on Aug 11. Technical indicators and the price movement indicate that the increase is more likely to be a correction rather than the beginning of a new upward trend. Bitcoin Retraces After Drop In yesterday’s analysis, BeInCrypto stated that “The price has created what resembles a double-top,” with the second


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