Analyst: Bitcoin Could Hit $9,000 Should Bearish Breakdown Occur; Here’s Why8.4

Bitcoin and the entire cryptocurrency markets have been caught in the throes of volatility as of late, which has resulted in the formation of a period of consolidation for BTC.

This period of consolidation has left many traders scratching their head as to where it is heading next, but analysts are now noting that the formation of several bearish technical formations could point to the strong possibility that the crypto will drop below the $9,000 region in the near-future.

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