Bitcoin Price Watch: On Wednesday morning, Bitcoin went on a steady bullish run which took BTC/USD to as high as $7,700. However, BTC/USD is currently on the decline due to a major selloff, testing a major level at $7,500. This downward movement may be crucial in determining whether Bitcoin price will see further pullbacks and drop down to $7,000.
Bitcoin Testing Major Support
Following this morning’s bull run to a high of $7,700, Bitcoin has now pulled back and is now testing a major support level at $7,500. The cryptocurrency failed to break out yesterday and …
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