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Bitcoin Close to the $16K Mark: Will BTC Test $10K?

1 min read Original Link

Bitcoin is a leading cryptocurrency, but due to the FTX liquidity crisis, BTC price has broken the strong support of $19K. Now it is trading at $16,001, around the lower range of the Bollinger Bands. Most other technical indicators are bearish, suggesting it will consolidate within a range of $18K and $15K, at least for the next few weeks.

(By Roxanne Williams)

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