Many analysts over recent weeks have claimed that Bitcoin is on the verge of plunging off a cliff. This is for good reason: there are technical signs indicating that BTC will soon be subject to a steep retracement. First and foremost, BTC was rejected at the ever-important $10,500 resistance. That level marked the highs of rallies in October of 2019 and marked the 2020 highs in February. The fact that Bitcoin failed to pass it […]
