Bitcoin Holds $10,000 Level But Fails to Escape Lows

On Sept 8, Bitcoin (BTC) created a bullish reversal candlestick inside a long-term support area. It is not yet clear whether the price has completed its correction or if there is one more wave down before the price reverses its bearish trend. Bitcoin Forms Hammer at Support Since the rapid drop in price on Sept 2-3, the Bitcoin has been trading near the $10,100 long-term support area.


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