Bitcoin Trades Flat Following Yesterday’s Drop, Where is BTC Heading Next?

After an extended period of sideways trading, Bitcoin (BTC) experienced a large downwards swing yesterday that caused the cryptocurrency to break below it previously established support level in the low-$3,500 region.
Although this drop seemed significant, BTC has found support in the $3,400 region, and it is still holding steady well above its 2018 lows that are likely to act as a strong level of support if they are visited in the near-future.
Bitcoin Holds Above Support Around $3,000
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