Imploding Trump Pelosi COVID-19 deal leads to 3% Bitcoin price drop
Bitcoin price fell 3% as the U.S. stock market plummeted, but traders expect these two key levels to prevent a deep BTC pullback. The price of Bitcoin (BTC) dropped 3% in less than three hours as the U.S. stock market plummeted. Following the pullback, most traders are neutral or slightly bearish on the short-term trend of BTC.Traders and on-chain analysts are now pinpointing $12,500 and $11,973 as the two levels to watch for the continuation of the Bitcoin rally.BTC/USD. Source: TradingView.comWhy $12.5K and $11.9K are crucial for the current Bitcoin rallyThe Bitcoin price dropped sharply....
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