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Bitcoin (BTCUSD) Poised to Tumble on Bear Flag Breakdown and Year-End Tax Harvesting

U.Today Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin faces potential correction as it nears weekly Ichimoku Cloud breakdown.
  • Tax loss harvesting may increase selling pressure causing volatility and a bearish setup resembling a bear flag pattern.
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BTCUSD price history

77949.00 +16.35% over the displayed period

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