Renewed Bitcoin Market Swoon Has Put Price Support At $13K in Crosshairs: Technical Analysis

Renewed Bitcoin Market Swoon Has Put Price Support At $13K in Crosshairs: Technical Analysis


“From a technical perspective, bitcoin has now broken below $18,000, which was an area of support in recent weeks. The next levels to watch are $13,500, the 2019 high, and $12,500 (the 3Q20 high),” strategists at Morgan Stanley wrote in a note to clients on Friday.

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