It’s “Almost Time” for Bitcoin to Make an Explosive Movement; Factors to Consider

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Bitcoin has been flashing some signs of weakness throughout the past 24-hours, as the crypto has been unable to maintain above multiple crucial technical levels It has once again fallen back within its long-held trading range between $9,000 and $9,300 Although this range could hold strong in the near-term, one analyst is noting that it is almost time for Bitcoin to make a massive trend-defining movement As for where this next move could lead the cryptocurrency, one indicator suggests that a break below $9,000 would open the gates for a movement to $7,100 Bitcoin and the aggregated crypto market are currently consolidating following an eventful week. Although the benchmark cryptocurrency’s price action has remained lackluster, many altcoins have been able to incur meteoric momentum that has allowed them to post major gains. This has led some to call for the start of an imminent “altseason.” It still remains unclear as…

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