Bitcoin: After Failing to Break Above $8k, Analysts Believe BTC’s Price May Stagnate

Bitcoin: After Failing to Break Above $8k, Analysts Believe BTC’s Price May Stagnate

Bitcoin has once again failed to break back into the $8,000 region, signaling that this price level will remain a level of resistance for the foreseeable future. Importantly, BTC has still been able to hold above $7,600, which appears to have become a strong level of support for the cryptocurrency.

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