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Bitcoin Price Prediction: BTC/USD May Drop Below $11,000 Before Next Uptrend - InsideBitcoins.com

>Bitcoin (BTC) Price Prediction – October 17BTC/USD may stop short of $11,250 as this level is guarded by strong technical barriers.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $11,700, $11,900, $12,100Support Levels: $11,000, $10,800, $10,600BTCUSD – Daily ChartBTC/USD hovers around $11,352 but fails to break above the 9-day moving average and $11,500 resistance. The first digital coin has gained about 0.21% in recent 24 hours and stayed unchanged since the beginning of the day. Meanwhile, the coin remains in the hands of the bulls above $11,000 but must rise above $11,500 to escape the danger zone.Where is BTC Price Going Next?If the bulls can successfully push the price above the channel, the next resistance levels may be found at $11,700, $11,900,...