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BTC Bears Eye Sub-$26,000 on Anti-Crypto Biden and Debt Talks
On Sunday, bitcoin (BTC) fell by 1.35%. Reversing a 0.80% gain from Saturday, BTC ended the week down 0.66% to $26,760. Despite the bearish session, BTC avoided sub-$26,500 for the third consecutive session. A bullish start to the day saw BTC rise to a first-hour high of $27,297. BTC briefly broke through the First Major Resistance Level (R1) at $27,242 before hitting reverse. The reversal saw BTC fall to a late-session low of $26,693. BTC fell through the First Major Support Level (S1) at $26,937 and briefly through the Second Major Support Level (S2) at $26,747. US Debt Ceiling Woes Overshadowed Subsiding Fed Fear: ... (full story)