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The Bitcoin price drops below $ 9,000 as the trader suggests a “technical” pullback

April 30, 2020

The price of Bitcoin (BTC) recovered from $ 8,500 on April 30;; The new volatility showed that the largest cryptocurrency dropped 8% in hours. According to Coinmarketcap, Bitcoin’s market cap is currently $ 163,362,962,047.

Daily overview of the cryptocurrency market

Daily cryptocurrency market overview. Source: Coin360

BTC price tests

The Bitcoin price drops below $ 9,000 as the trader suggests a “technical” pullbackThe Bitcoin price drops below $ 9,000 as the trader suggests a “technical” pullback

Cointelegraph Markets and CoinMarketCap data showed a Rapid withdrawal for Bitcoin on Thursday from highs of up to $ 9,440 to lows of $ 8,530.

At the time of printing Support of $ 8,500, which weakened as resistance in the pre-phase of Bitcoin this week, continued.

Short-term moves have been restless, with jumps of $ 200 or more within minutes or less.

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