Bitcoin’s Weekly Close Signals Imminent Drop Below $84,000 Toward $70,000 Floor

Bitcoin Price Weekly Outlook

Bitcoin price is looking lethargic heading into this week. Last week saw prices reject once again from the $94,000 resistance level. The bulls were not able to gain any momentum whatsoever as the price bled down into Sunday to close at $88,170. This week, the bears will look to break the $84,000 support level and take the price into the low $70,000 range. The bulls will desperately try to hold onto this $84,000 level as support, but it may not be able to survive another test.

Key Support and Resistance Levels Now

With the $84,000 support level again under pressure this week, the bears will look to finally drive the price down below it….

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