Investors Believe Bitcoin is in Bearish Trend

Investors Believe Bitcoin is in Bearish Trend

The price of crypto as per CoinDesk Bitcoin Price Index crossed $11,500 yesterday and it has dropped to $10,691.43 at 04.29 UTC. The BPI is up by 85 times from its all-time low in December. Investors still believe that the bitcoin is encountering bear market trend.  The ‘trendline resistance’ is observed to be at $12,300.  

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