Bitcoin traders call for calm as BTC price slips 10% in a week

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Bitcoin traders call for calm as BTC price slips 10% in a week
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'Logical and healthy' or a bear market comeback? BTC price tests market nerves.

showed BTC/USD just preserving the $27,000 mark on the day after the Wall Street trading week ended on a sour note.

For popular trader Credible Crypto, however, there was still every reason to hope that the long-term uptrend remained intact. “The last major retest we had was at 19k before our rally to 30k+. A retest of 25k here would be logical and healthy,” it stated.Financial information resource Stockmoney Lizards agreed, telling Twitter followers that the road higher may be slow and steady.about the 3-month BTC/USD chart.Crypto analyst CryptoCon delivered similar conclusions on the basis of the latest movements in Bitcoin's relative strength index .

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