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Bitcoin Price Analysis: Will a Key Support Break Trigger More Losses for BTC?

Bitcoin has entered a corrective phase after its recent all-time high, with the price consolidating at key supports and on-chain data showing increased profit-taking. Market sentiment is cautious, and the…

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Bitcoin Price Analysis: BTC Risks Dumping Below $100K If This Final Support Cracks

Bitcoin’s price is on the verge of breaking below another key level, after failing to regain momentum following its all-time high a couple of weeks ago. Investors are now worried…

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Bitcoin Price Analysis: This Key Resistance Stands in BTC’s Path Toward New ATH

Bitcoin’s price has been retracing after setting a new all-time high above $124K. However, following yesterday’s Federal Reserve announcement regarding a possible interest rate cut, the market found support at…

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Bitcoin Price Analysis: Classic Bull Trap Emerges After BTC’s Record High

Bitcoin has recently experienced heightened volatility by setting a fresh all-time high. However, the price has quickly reversed, indicating a bull trap, increasing the likelihood of a sideways consolidation within…

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New ATH for Bitcoin or Harsh Rejection Ahead? (BTC Price Analysis)

Bitcoin is approaching a potential new all-time high, steadily advancing toward the $123K mark. Overall, both technical indicators and sentiment data point to continued upside potential, suggesting that the rally…

Continue ReadingNew ATH for Bitcoin or Harsh Rejection Ahead? (BTC Price Analysis)