Bitcoin May Be Primed for a Bounce Despite Recent Selloff

Bitcoin (BTC) has been facing a steep sell-off over the past few days that has sent the cryptocurrency into the $10,000 region, which has led many analysts and investors alike to fear the possibility that Bitcoin revisits the four-figure price region in the near-future.

Now, analysts are explaining that Bitcoin may soon incur a decent sized relief rally despite its consistent losses over the past few days, which may allow BTC to find some stability at a slightly higher price region.

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