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Bitcoin Risks Slide to $71,000 as Rounded Top Pattern Emerges

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The Story

News Summary

  • Bitcoin risks a drop toward $71,000 if it confirms a rounded-top pattern below key support at $76,000.
  • Fading upside momentum and weak spot demand relative to leveraged futures make the current price structure vulnerable to further downside.
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BTCUSD price history

75884.48 +15.43% over the displayed period

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