Bitcoin Faces $100K Downside Risk

cryptocurrency 1 week ago
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Following Friday's crash, BTC has failed for the third time to hold gains above a critical long-term trendline dating back to the 2017 and 2021 highs. In today's "Chart of the Day," presented by Crypto.com, CoinDesk's Jennifer Sanasie breaks down what this means for price, why market indicators suggest a weakening of bullish momentum, and the one level bulls must break to avoid a deeper drop.
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