Analysts Widely Bearish on Bitcoin as BTC Nears Important 4,000 Price Level6

Bitcoin (BTC) has kicked off the weekend trading up slightly but has still been unable to decisively move above $4,000, which has proven to be a key psychological resistance level for the cryptocurrency.

Although Bitcoin has been able to climb consistently for the past several days, analysts now expect the cryptocurrency to fail to break above $4,000, which will likely lead the cryptocurrency to incur further losses in the near-future.

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