03-02-2020 22:00 via newsbtc.com

Bitcoin at Risk of Erasing 2020 Gains After Being Rejected at Key Level

Bitcoin faced a flash rally yesterday evening that led the crypto to break above $9,600 before almost instantly incurring a significant amount of selling pressure that led BTC to plummet into the $9,300 region.
Bull’s inability to decisively close the cryptocurrency above its key resistance at $9,500 points to the possibility that bulls are losing their strength, and may even suggest that the crypto will drift significantly lower before buyers are able to catalyze another extended bout of
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