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BTC continues its downward trend, currently trading at $27,024 after breaking the resistance level at $27,580. Despite a minor recovery, BTCUSD is still on a downward trajectory.
In the long term, BTCUSD may receive support from the expected launch of ETFs and the upcoming halving event, which could drive future price increases.
BTC continues its downward trend, currently trading at $27,024 after breaking the resistance level at $27,580. Despite a minor recovery, BTCUSD is still on a downward trajectory.
In the long term, BTCUSD may receive support from the expected launch of ETFs and the upcoming halving event, which could drive future price increases.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.