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Price analysis 11/21: BTC
Bitcoin remains in a downtrend. This is an important level to keep an eye on because a break and close below it could signal the start of the next leg of the downtrend. The pair could then start its downward journey toward $12,200. On the contrary, if the price turns up and breaks back above $16,229, it will suggest that the bulls are buying the dips below $16,000. The bulls will then attempt to push the price toward the overhead resistance at $17,190. Source - Cointelegraph #btc
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