Bitcoin Reaches Multiple Key Resistance Levels; Will They Spark a Selloff?

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Bitcoin’s price has reached multiple key levels as a result of its latest push higher This rally came about rather unexpectedly overnight and drove many altcoins to see immense losses This is one of the rare days where Bitcoin is trading up significantly while altcoins all reel lower It remains unclear as to whether or not this will be the new norm for the next few weeks or if today’s price action is simply a fluke The coming few days and weeks should provide insight into this trend One analyst is noting that Bitcoin may also face some heightened selling pressure in the near-term due to multiple heavy resistance levels Bitcoin has been leading the crypto market higher throughout the past few days, with its recent break out of its consolidation phase, acting as a launchpad for the entire market. This trend has come to an end today, however, as…

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