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Bitcoin traded below $69,000 facing bearish momentum as it tests the critical 200-week EMA, which has shown unreliable support. Despite a bullish golden cross, traders remain cautious with downside t…
Bitcoin formed a death cross on weekly SMAs, historically preceding 50%-60% price corrections. Market analysts outline bullish and bearish scenarios dependent on USDT dominance movements.
Bitcoin is consolidating around $85K support after a short-term pullback driven by profit-taking, with no signs of long-term holder capitulation, indicating a corrective rather than bearish phase.