07-11-2019 22:00 via newsbtc.com

Bitcoin Holds Key Support Level, But Break Below It Could Spark Major Sell Off

Bitcoin and the aggregated crypto markets have been caught in a firm bout of sideways trading for the past couple of weeks, with BTC trading firmly within a long-established trading range between $9,000 and $9,500.
Analysts are now noting that Bitcoin has been holding above a key technical support level, but a break below this level could lead the cryptocurrency to free fall until it finds support around the mid-$8,000 region.
Bitcoin Caught in Tight Trading RangeAt the time of writing, Bitcoin
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