Is Bitcoin Headed for $40,000? Technicals and On-Chain Data Turn Cautious
Bitcoin’s loss of a key long-term support could lead to deeper losses if bulls fail to reclaim control soon. Bitcoin’s (BTC) attempt to push above $90,000 remained unsuccessful this week. The crypto asset is once again under technical pressure after slipping below an important long-term trend indicator, prompting fresh downside warnings from market analysts. 50%...
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