As of Tuesday morning, most of the cryptocurrencies are down moderately as the market continues to slide.
As mentioned yesterday, Bitcoin price was able to surpass the $11,500 level before pulling back later in the day. Currently, the coin is trading at just under $10,800. Two bearish trends were formed earlier, so a return above $11,500 is unlikely to occur anytime soon.
BTC is now testing a major support level at $10,700, while the pivotal $11,000 price point could be considered as a major resistance should a …
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