The bitcoin price plunged on Tuesday after facing another strong rejection from a psychological resistance area. The leading cryptocurrency established a new intraday low near $7,274, down 5.11 percent from the local high of $7,552.92. The move downhill reasserted the $7,500-7,600 range as a crucial wall standing before bulls. The area has rejected bitcoin’s upside…

The post As Bitcoin Price Fails to Break Crucial Resistance; Breakdown Sentiment Looms appeared first on NewsBTC.

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