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Bitcoin Price Prediction: BTC/USD Recovers from Recent Breakdown, Battles the $18.6k Resistance


Bitcoin (BTC) Price Prediction – December 10, 2020
On December 9, BTC dropped to $17,890 low because of its inability to break the $19,740 to $20,000 resistance zones. The bulls have bought the dips as the price reached a high of $18,600. BTC/USD is facing an initial resistance in its upward move.
Resistance Levels: $13,000, $14,000, $15,000
Support Levels: $7,000, $6,000, $5,000
BTC/USD – Daily Chart
The recent breakdown was anticipated to reach a low of $16,000. However, Bitcoin bulls made a quick recovery as the bulls buy the dips to push the crypto to $18,600. From the price action, BTC is going to retest the $19,500 resistance zone. The previous price action is likely to be repeated. Buyers may attempt to push BTC above the $19,600 and $19,740 resistance zones. ....

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