Bitcoin Rejection Could Signal a Final Leg Down

Even though Bitcoin (BTC) has been moving upwards since Sept. 8, it has shown considerable weakness indicating that it is likely beginning a final wave down that could end at $9,700. After the losses seen during the week of Aug 31-Sept 7, the Bitcoin price consolidated last week. The price created a small Doji candlestick above the $10,000 area, which had previously acted as resistance

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