Will a 6% drop in bitcoin price hamper the current rally which has produced a 35% gain since March 3rd? Highlights April continues to amaze but after an impressive rally, Bitcoin and other majors showed signs of bearish exhaustion as the market became overbought after topping out at $9,767 today. Daily Chart As predicted BTC met stiff resistance near the 200-day MA ($9800) and while today’s pullback is mildly disconcerting, the longterm set up for Read More The post Bitcoin Price Analysis: Are Sellers Hodling or Folding? appeared first on Bitcoinist.com.



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