Bitcoin continues its consolidation phase. Upward movement to come?
Current support / resistance: $6'420 / $7'940
Indicators are bullish. After managing to move back above the key level of $6'400, the price of Bitcoin is consolidating in a healthy manner with significant volumes. If the price holds at this level, it is likely that an upward momentum will be seen but the market is being highly volatile and unpredictable with the actual coronavirus crisis.
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