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It’s “Open Air” for Bitcoin Down to $7,000 as Technical Weakness Mounts

Bitcoin has been flashing some signs of technical weakness as it hovers above the lower boundary of its long-held trading range between $9,000 and $10,000. Its inability to stabilize above the support that was previously established in the mid-$9,000 region does point to some underlying weakness amongst buyers. The lower boundary of

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This Technical Pattern Suggests Bitcoin Will Plunge Over 30% in Coming Weeks

Bitcoin appears to be in a somewhat precarious position, as a few technical factors are currently suggesting that it may soon see some notable near-term downside. One such technical factor suggesting that the crypto is poised to see notable near-term downside can be seen while looking towards a fractal pattern it

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Bitcoin’s Technical Index Forecasts Strong Breakout on the Horizon

The flagship cryptocurrency continues to disappoint investors while lower-cap coins are running the show. Indeed, Bitcoin has been flat for over the past month without providing a clear roadmap of where its price could be headed next.  The ongoing consolidation period forced the Bollinger bands to squeeze on BTC’s 1-day chart.

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Bitcoin Breaks Below $9,000 as Sellers Invalidate Bullish Technical Pattern

Despite seeing a swift rebound, Bitcoin bears were able to push the cryptocurrency below its crucial $9,000 support just minutes ago.This breakdown has come about following a recent rejection posted by the crypto at $9,300, which appears to have become a resistance level.The latest decline below $9,000 indicates that the

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