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Cryptos fail to generate momentum continuous confusion – BTC and Ethereum (ETH) Technical Outlook

From marketpulse.com

Bitcoin is holding near $76,000 and showing signs of resistance on daily charts, rather than breaking out. This slow movement shows that cryptocurrencies are not tracking the tech-heavy Nasdaq as closely as they have in the past. The recent split suggests weakness in digital assets, as crypto investors are hesitant to take a clear direction while the outcome of the peace process is still uncertain. It is still unclear if this underperformance will last. The lack of strong buying suggests that retail investors are holding back for now. However, Bitcoin is still holding its support levels even as the US Dollar rises, ... (full story)

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