Bitcoin suffered over the weekend with the price dropping below the psychological $10'000 mark.
Current support / resistance: $9'500 / $10'000
At the time of writing, the price has dropped and tested the $9'500 support level. This correction was expected but it is important that the price stabilizes at the current level so as not to see a trend reversal that would be negative in the long term. All the technical indicators are in the red.The MACD lines inidcate a bearish momentum and the RSI is in the over-sold zone due to the current selling pressure.
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