Bitcoin Visits Key Support Level as Risk of Further Losses Grows

Bitcoin (BTC) has surrendered the majority of the upwards momentum that it incurred earlier this week and is now sitting at a key support level that bulls must hold if they want to propel the crypto any further in the near-term.
It is important to note that the muted response to this support level may signal that significantly further losses are imminent, but other analysts are noting that BTC may once again target the $8,500 region in the near-term, with a break above this level potentially spa