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Could Bitcoin (BTC) Be Mirroring Its November 2018 Pre-Crash Price Action? - Coins On News
Over the past couple of weeks Bitcoin has been caught in an incredibly tight trading range between roughly $3,900 and $4,000, with strong resistance existing at the latter price point. Earlier today, BTC saw increased levels of volatility, but it has since stabilized back to the lower-$3,900 region. One analyst is now pointing out that Bitcoin’s current price action is looking strikingly similar to that which was seen in early-November just prior to BTC’s price crash that sent it from over $6,000 to nearly $3,000. Bitcoin Experiences Slight Levels of Volatility Before Stabilizing Above $3,900 At the time of writing