Bitcoin (BTC) returned to range resistance on Aug. 17 amid ongoing concerns that a retracement is imminent.
No success for Bitcoin bulls
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $24,448 on Bitstamp, up 3.25% from the previous day’s low before diving $600 in under an hour.
The momentum gained speed on the day, but the bulls faced familiar resistance at levels keeping them broadly in check since…
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