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Bitcoin (BTCUSD) Poised to Slide 20 Percent on Bear Pennant and Whale Sell Pressure

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin faces a bearish pennant pattern with a potential 20% drop toward $56,000 amid rising whale sell pressure on Binance, though a short-term bottom signal suggests a possible relief bounce ahead.
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BTCUSD price history

77606.95 +17.80% over the displayed period

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