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Bitcoin (BTCUSD) Tumbles After False Rally; Analyst Predicts Drop to $104k Support

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The Story

News Summary

  • Analyst Adez warns the recent Bitcoin rally to $116,000 was a false breakout lacking institutional support, predicting a sharp reversal toward $104,000-$106,000 within 7-10 days before a potential longer-term rally above $130,000.
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BTCUSD price history

76495.48 +12.01% over the displayed period

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