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Bitcoin Price May Crash Again Soon

From dailyforex.com

Bitcoin price held steady on Tuesday as the stock and crypto markets improved ahead of major events later this week. The BTC/USD pair was trading at 111,000, up from last week's low of 103,740. This price is about 12.20% below the year-to-date high of 126,300. Bitcoin’s recovery was triggered by Scott Bessent, the Treasury Secretary, who posted that he had had a conversation with his Chinese counterpart and agreed for a meeting this week. Therefore, the stock and crypto markets are rising as investors predicted that the two sides will reach an agreement or at least de-escalate ahead of the upcoming meeting between ... (full story)

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  • Category: Technical Analysis