Bitcoin slid on Thursday, erasing the prior day's gains but staying within the past few weeks' trading range of roughly $40,000 to $44,000.in Pakistan along with signs that bitcoin miners are increasing their accumulation of the cryptocurrency, apparently refusing to sell at current prices.
Erlam predicts that if bitcoin could break above $45,500,"we could see another sharp move higher as belief starts to grow that the worst of the rout is behind it."Bitcoin pulled back after buyers took some profits near the $44,000-$45,000 resistance zone.
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