Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC
$20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward. Bitcoin (BTC) needs to hold current levels and work to reclaim higher ones to avoid a crash in the $20,000 range, the latest analysis warns. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewIs $20,000 incoming?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD still failing to cement $30,000 as support on the May 16 Wall Street open.The pair had seen fresh losses after the weekly close at $31,300 — this, in itself, disappointing market participants after sealing a record....
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