Analysts Believe Bitcoin May Continue Dipping Lower Before Surging to $6,5008.2

The crypto markets have dipped as they head into the weekend after incurring a significant amount of upwards pressure throughout this week. The latest drop has put Bitcoin (BTC) back into the $5,600 region, signaling that the cryptocurrency’s bulls don’t have enough buying pressure to propel the crypto above $5,800.

Now, analysts believe that the crypto markets may continue dipping lower before they hit a price level at which they can continue surging higher.

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