Bitcoin falls below the $10,000 level

Bitcoin falls below the $10,000 level

The digital asset could not stick above the 50-day SMA for a long time. At the moment of writing, the digital asset has been falling towards the 100-day SMA below the $10,000 level. The next support for Bitcoin will lie at $9,488. If the dumping stops and bulls try to push BTC higher, the price will likely face the $10,975 level. If it is broken, the next resistance will lie at $11,560.

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