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Is Bitcoin Dropping Further? Why Experts Predict One Last Shakeout Before the Rally
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Bitcoin (BTC) is facing pressure after falling below important support levels. Several market watchers believe a final dip may come before a short-term recovery. This takes place as traders prepare for upcoming economic reports and low year-end liquidity.
BTC Slips Below Key Trendline
Bitcoin dropped below $86,500, breaking out of an upward channel that had been in place since late November. This move points to weakness in the current trend. Colin Talks Crypto, a popular industry analyst, noted that the cryptocurrency looks oversold and close to a short-term bottom.
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Bitcoin (BTC) Risks Dump to $80K as Bulls Fail to Clear This Key Barrier
Bitcoin Price Prediction: Analyst Suggests Six Digits First, More Pain Later
Is Bitcoin Dropping Further? Why Experts Predict One Last Shakeout Before the Rally
Share:
Bitcoin (BTC) is facing pressure after falling below important support levels. Several market watchers believe a final dip may come before a short-term recovery. This takes place as traders prepare for upcoming economic reports and low year-end liquidity.
BTC Slips Below Key Trendline
Bitcoin dropped below $86,500, breaking out of an upward channel that had been in place since late November. This move points to weakness in the current trend. Colin Talks Crypto, a popular industry analyst, noted that the cryptocurrency looks oversold and close to a short-term bottom.
In This News
Share:
In This News
Share:
Read More
Bitcoin (BTC) Risks Dump to $80K as Bulls Fail to Clear This Key Barrier