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Technically speaking, bitcoin has stalled at a key resistance level: $10,000. The cryptocurrency had been widely expected to break higher in anticipation of a halving, which occurs every four years and is when crypto miners’ bitcoin payout is cut in half. Despite bitcoin’s recent sell-off, the cryptocurrency could see significant upside if it eventually breaks through the $10,000 price level. Visit the Business Insider homepage for more stories.
Technically speaking, bitcoin has stalled at a key resistance level: $10,000.
The cryptocurrency had been widely expected to break higher in anticipation of a halving, but instead it
Read more Source: businessinsider.com