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Bitcoin (BTCUSD) Tumbles Below Key Supports as Bears Tighten Grip After Failed Rally

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The Story

News Summary

  • Bitcoin price failed to break above $89,500 resistance and declined below key supports at $86,500 and $85,000, indicating bearish momentum.
  • Bears may target $80,500 if losses extend further in the near term.
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Stored market data

BTCUSD price history

75990.45 +13.43% over the displayed period

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