Bitcoin price seems to be running out of steam on its recent climb as it tests resistance around $11,500.Another drop to the nearby support at $9,500-10,000 could create a double top pattern.If price breaks below the neckline, bitcoin price could fall by the same height as the chart formation.
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: Japan to Call for Crypto Rules at the G20
Japanese representatives will push for the adoption of global rules on cryptocurrencies at the upcoming G20 meeting in Argentina. Next week, the summit will gather finance ministers and central bankers in Buenos Aires. Other countries also want to put crypto matters on the table, with signals coming from key members of the European Union.