Mars Finance News, on April 20, according to Cointelegraph, despite the overall volatility of Bitcoin being relatively small over the weekend, it is still trying to curb this week's downward trend. Analyst Mark Cullen stated: "Although market liquidity still points to $90,000, I believe the $83,000 support level is 'not safe', and the lows from last Sunday and Wednesday may be retested. We need to pay attention to the subsequent reaction and whether a bullish structure can be rebuilt at the lower end of the range."
Analysis: Bitcoin's support level near $83,000 is not stable, so be wary of the trend reaction after the decline
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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