Key Technical Indicator Signals Bitcoin May Soon Revisit $7,300

Bitcoin’s price has been able to stabilize after incurring a significant influx of selling pressure yesterday that sent it plummeting below its previous range lows at $9,000, and it appears that bulls have formed $8,800 as a level of support that could bolster BTC’s price in the near-term.
It is important to note that despite BTC finding some support around its current price levels, one technical indicator may point to the possibility that the crypto will soon erase all of its recent