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Bitcoin Price Lacks Direction After Defense of $6,200

Bitcoin Price Lacks Direction After Defense of $6,200 – CoinDesk

Bitcoin (BTC) is trapped in a no man’s land between $6,200 and $6,600, technical charts indicate. The bear flag breakdown witnessed on Monday was supposed to yield a drop to $6,000 (February low). However, the trendline connecting the June low and Aug. 11 low spoiled the bear party.

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