Bitcoin (BTC) Drops Below $7k; Expected to Bounce Back from $6.1k

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The short-term outlook of Bitcoin against the US Dollar is bearish, and it is moving towards key support area and weekly 78.6% Fib Level. Overall weekly prices are still above 200 days SMA denoted by the red line in the below-given charts. Bitcoin Price Prediction Weekly BTC prices have fallen below 61.8% Fib level, i.e., …

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