Bitcoin Price Analysis: BTC Slide 6.1%, Bull Party Over?

Bitcoin Price Analysis: BTC Slide 6.1%, Bull Party Over?

  • Bitcoin price drop 6.1 percent after testing $4,100
  • Korean authorities approve seven exchanges compliant with their security measures
  • The slide below $4,000 at the back of high transaction volumes

After today’s losses, subsequent price action would determine whether BTC is within a necessary bull squeeze or the retest of $4,100 marked the beginning of bear trend…

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