Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k

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Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to break below this level could lead it straight into its CME gap at $9,700 before it can find any further support Bitcoin and the aggregated crypto market have reverted the momentum that they started building yesterday. At this point, BTC was able to rally to $10,400, while other digital assets also saw some notable upside. This movement was short-lived, however, and was quickly followed by a sharp retrace. This retrace ultimately led the crypto as…

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