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Bitcoin Price Outlook: Technicals Say 27% Fall to 2019 High Is Possible

Bitcoin could fall an additional 27% to its 2019 high as the crypto tests a big support level, according to Fairlead’s Katie Stockton

Bitcoin’s negative momentum points to more downside ahead, according to Fairlead Strategies’ Katie Stockton. The world’s most valuable cryptocurrency fell below $19,000 on Thursday to test a key support level. Bitcoin’s secondary support level sits at $13,900, representing potential downside of about 27%.

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