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Tag: technicals

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Bitcoin price is crashing: technicals point to a 20% dip

Bitcoin price continued its strong downward trend even after MicroStrategy and Tether announced fresh acquisitions. Bitcoin btc-0.74%Bitcoin traded near the $91,000 level on Monday, Dec. 30, down by 15% from its highest level this year, and technicals suggest that it has more downside. This decline persisted despite MicroStrategy announced it had acquired 2,138 more Bitcoins last week, marking the…
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