Bitcoin bulls face $21K sellers as BTC price wipes out Fed FOMC losses
$21,000 is looking tricky as sell orders mount, while buy walls dry up, taking potential support with them. Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose overnight to put in new daily highs of $20,683 on Bitstamp.$21,000 sell wall proves uglyWhile so far a lower high on hourly timeframes compared to the Nov. 1 and 2 spikes, the move served to make up for losses, which came on the back of the Federal Reserve....
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