Bitcoin Finds Little Buying Pressure at $3,400, Analyst Claims That BTC Is Likely to Drop Further

Bitcoin Finds Little Buying Pressure at $3,400, Analyst Claims That BTC Is Likely to Drop Further

After an extended period of sideways trading in the mid-to-upper $3,400 region, Bitcoin (BTC) has failed to break through its nearest resistance level at $3,500, which has led the cryptocurrency to drop to its support level at $3,400.

Although BTC has yet to break decisively below this level, one analyst believes that the lack…

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