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Bitcoin (BTCUSD) Plummets on Bear Flag Setup and Rising Long Liquidation Risks

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

News Summary

  • Bitcoin forms a large bear flag pattern after a sharp decline, with rising short-term holder supply and significant long liquidation risk signaling potential for a sharp downside move if key support breaks.
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BTCUSD price history

75843.45 +15.37% over the displayed period

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