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Bitcoin Falls Below $9,000 as Price Teases Trading Corridor Breakdown

“In daily trading, Bitcoin hit local lows of $8,980 before likewise bouncing higher, with markets currently trading at around $9,000” writes William Suberg for Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move.Data from Coin360 showed BTC/USD breaking out of its narrow trading corridor between $9,000 and $9,500 on early Friday.As Cointelegraph reported, suspicions have mounted among analysts over price behavior in recent weeks and months.

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