Bitcoin price action looks top-heavy as it continues to consolidate around the $38,000 level.
A spike in selling pressure could trigger a correction that could knock BTC down to $35,000 and $30,000 levels. On the other hand, a flip of the $40,000 psychological level could propel the pioneer crypto to $45,000 and $50,000 barriers.
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Bitcoin price action looks top-heavy as it continues to consolidate around the $38,000 level.
A spike in selling pressure could trigger a correction that could knock BTC down to $35,000 and $30,000 levels.
On the other hand, a flip of the $40,000 psychological level could propel the pioneer crypto to $45,000 and $50,000 barriers.
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