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Bitcoin Price on December 4-11 and Beyond

If Bitcoin manages to keep over $16K, it will continue to grow in the next few days. If the price drops below $15K, a correction towards $13K is possible.

What happened

After the Bitcoin monster rally on Wednesday-Thursday, the weekend brought a little price correction which stopped around Fibonacci level 23. Then the rate jumped back up.

What’s next

At the moment, market faces some kind of uncertainty. If Bitcoin manages to keep over $16K, it will continue to grow in the next few days. If the price drops below $15K, a correction towards $13K is possible.

Disclaimer

Our price analysis is for information purposes only. Please make the Bitcoin purchase and investment decisions independently at your own risk.

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