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XBT/USD Analysis: Bitcoin Impending Triangle Breakout Targets $8000 – BitMEX Margin Trading

XBT/USD Analysis: Bitcoin Impending Triangle Breakout Targets $8,000 – BitMEX Margin Trading

Bitcoin defends $7,200 support in a bid to prevent a possible drop back to $6,500. The resistance at $7,200 must come down for Bitcoin to commence the journey targeting $8,000. Bitcoin is displaying strong bearish tendencies despite being a week from Christmas. It is becoming apparent that Santa lost his way to the crypto space.







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