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Friday, March 9, 2018

Bears in Control, But Bitcoin May Defend $8K in Short-Term

Bitcoin's 28 percent drop this week has turned the tide in favor of the bears, but a sustained break below $8,000 looks unlikely in the short-run, the price charts indicate. Having registered losses for four straight days, CoinDesk's Bitcoin Price index (BPI) fell to a one-month low of $8,371 in Asian hours.

from Google Alert - Bitcoin http://ift.tt/2IcNtop

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