Let’s be honest, unless you’re short, yesterday was catastrophic. Bitcoin was just shy of breaking $7,500 and taking the rally up another leg then unexpectedly plunged 13% and now we’re below $7k, again… Bitcoin Price Market Overview Prior to the dump, Bitcoin price BTC/USD was experiencing continued rejections as it approached $7,400 but who would have known the pullback would be this severe? Ideally, after a 27%+ run, consistent rejections signal that bulls are running
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