Bitcoin to drop to $5,980 before rebounding to $8,073

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I forecast that the price of bitcoin will drop to the previous support level of around $5980 USD, before gradually making its way back up to the resistance line of around $8,073 where the price will then change direction again unless the bulls can break through this line of resistance, in which we could see a return to a bull market.

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