Bitcoin’s Intense Rally to Continue Once it Breaks This Key Level

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Bitcoin’s 2020 uptrend has been unwavering, with the crypto posting steady gains without ever incurring any notable pullback throughout the course of this rally. Overnight, however, the crypto experienced some intense volatility that appeared to be bear’s attempt at invalidating Bitcoin’s bullish market structure by pushing the cryptocurrency below $10,000. Bulls have been able to defend this key level, however, leading analysts to note that BTC could be poised for an imminent break above $10,400, which is a key near-term resistance that has been halting its uptrend. Bitcoin’s Next Bullish Advance Could Come About After It Breaks $10,400 Yesterday, Bitcoin found itself caught within a bout of sideways trading within the mid-$10,300 region, with the resistance at $10,400 proving to be too strong for buyers to surmount despite the cryptocurrency’s firmly bullish market structure. Overnight, however, the crypto did face a bearish rejection at this level, which led it to…

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