16-07-2019 18:57 via newsbtc.com

Bitcoin Plunges Below $10,000 in Abrupt Pullback, What are Analysts Saying?

After a period of consolidation and choppy trading, Bitcoin (BTC) has failed to garner any notable buying pressure and briefly plummeted below $10,000 before finding some support that has allowed its price to stay afloat above this key psychological price level.
Analysts are now noting that it is critical that BTC closes above $10,191 on the four hour candle that it just started forming, or else this movement could spark a strong bout of selling pressure that sends the crypto reeling lower.
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