Bitcoin price data analysis; Bitcoin may see another plunge

Bitcoin price data analysis today will be done in a less poetic way. The buyers tried to push Bitcoin ( BTC) price above the thirteen thousand one hundred dollars ($13100) mark.

However, they were unable to hold the price in the yellow area of the graph (given below). Bitcoin (BTC), in the 4 hourly timescales, has shown not being able to be lifted despite the efforts of the buyer, which the buyers themselves gave up on.

Bitcoin price chart by Trading View

The buyers’ commitment to keeping the price aloof the lower of the yellow area’s boundaries was not shown when the graph is assessed for volume checks. The buyers have lost heart with Bitcoin now residing at a price mark of ten thousand four hundred dollars ($10,400).

This support line seems to be breaking as well if the buyers kick…

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