Bitcoin Price Could Reverse Near $8200, Says Analyst

Updated by Max Moeller
The Bitcoin price broke down below the $8500 support area. We think that it has a chance of initiating a reversal near $8200 and beginning an upward move. Highlights The price broke down below $8500. There are signs of a short-term reversal. There is resistance at $8500 & $8800. There is support at $8200. On January 24, the Bitcoin price was rejected by the $8500
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