Bitcoin Drops After $107K Rejection, Eyes Crucial Support Zones
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Bitcoin failed to find support at $107,000 as its rebound stopped short of a bull market comeback; analysis warned of new “OG selling pressure” to come.
Bitcoin tries and fails to conquer $107,000, an important local level for traders.
BTC price forecasts retain the possibility of the market falling back under $100,000.
Bitcoin bulls need a perfect storm to move toward all-time highs, analysis concludes.
Bitcoin eyed its new weekend futures gap on Tuesday as talk turned to a BTC price “rejection.”
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