BTC/USD resumes the decline after consolidation in a narrow channel but the buying interest may increase on approach to.

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Up next we’ll get final manufacturing PMIs (Purchasing Managers Index) expected to show slight expansion with a 50.2 reading,

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The Bitcoin bulls’ side is seen above the bears at numerous levels in the move towards the resistance level of $9,300.

UTC on Monday (8:00 p.m. Sunday ET), bitcoin (BTC) was changing hands around $9,115 on spot exchanges such as Bitstamp.

Bitcoin price shot below $9,000, total market cap falls by $15 billion and miners send a year-high record amount of bitcoins.