Bitcoin Bulls Defend Critical Support; Here’s Where it May Go Next

Bitcoin saw a notable drawdown yesterday that came about after bulls once again failed to break the $12,000 resistance level
This led BTC to lows of $11,200 that were ardently guarded by its buyers, and it has since bounced slightly
The ongoing bounce likely marks bulls attempt to regain control ov

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A Top Gold Bull Thinks an Exponential Bitcoin Price Expansion Is Imminent

Bitcoin has stalled after failing to hold above $12,000 for the second time in two weeks.
The cryptocurrency trades at $11,450 as of this article’s writing, below the ever-important $11,500 level.
Despite this weakness in the price of BTC, analysts remain long-term bullish on this nascent market.

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Santiment Predicts More Pain for Bitcoin as Active Addresses Plunge – Bitcoinist.com

Santiment cautioned Bitcoin bulls about the cryptocurrency’s downside prospects in its latest on-chain analysis.
The crypto-focused sentimental analysis platform highlighted a steep decline in the number of daily active addresses (DAA) on the Bitcoin network.

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Bitcoin Correction Begins: How Much The Prices Can Fall This Time? – Bitcoinist.com

The much-anticipated correction in Bitcoin (Ticker: BTCUSD) has begun. But, according to veteran trader Jonny Moe, it is no reason for bulls to mourn.
The analyst projected the benchmark cryptocurrency’s rally to resume after daytraders secured their short-term profits at $12,000.

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Here’s the Crucial Trading Range That Will Determine Bitcoin’s Macro Outlook

Bitcoin has been caught in a firm consolidation phase but is now showing some signs of weakness
The cryptocurrency is currently pushing down towards its key support within the mid-$11,000 region as its bulls falter
There is currently a massive trading range that analysts are closely watching
Which

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History Suggests Bitcoin Could Soon See a Rapid Rise to Fresh All-Time Highs

The entire cryptocurrency market – including Bitcoin – is currently witnessing some slight downwards pressure that has slowed BTC’s ascent
The benchmark cryptocurrency is facing what appears to be insurmountable resistance at $12,000
Each attempt that bulls have made to break through this level has

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