Cryptocurrency traders oversell Bitcoin intra-day, price rebounds amid $7K hunt

Bitcoin saw a pullback in the Wednesday session, reaching an intra-day low of $6,489 as traders sold the digital currency in an attempt to take profits.

Price was able to rebound within hours and closed near $6,650 resistance, forming a bullish cable on the daily chart.

Price remains within symmetrical triangle formation (BTC/USD 15-min chart)

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