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Bitcoin (BTCUSD) Tumbles Below Key Support on US-Middle East Geopolitical Fears and Hawkish Fed Outlook

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The Story

News Summary

  • Bitcoin plunged to multi-month lows amid US-Middle East tensions and hawkish Fed outlook, breaking key support levels and triggering massive liquidations.
  • Downside risks increase if $80,000 support fails, while reclaiming $84,000 could spark a short squeeze.
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BTCUSD price history

75637.92 +15.06% over the displayed period

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