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Bitcoin price chart analysis shows that a loss of the $10,000 level could prompt major selling and put the ongoing recovery into question.
Thinking about investing in Bitcoin? Here, we look at the BTC price trend and what might be in store for the biggest cryptocurrency
Bitcoin hit a fresh 2020 trading high last week, as the largest cryptocurrency by market capitalization rallied above the $12,500 level.
Bitcoin is close to 12-monthly highs, the price driven by a mixture of safe-haven status, inflation fears and a weakening US dollar. But can the surge last?
Bitcoin price technical analysis shows that further upside remains likely while the price trades above the $10,500 level. Short-term technical selling is likely to increase below the $11,460 level.
Bitcoin price chart analysis shows that the more gains appear likely while price trades above the $11,200 level. The $13,500 level is seen as the likely medium-term target.