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One platform for global traditional assets
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Bitcoin is under pressure while below $70K. The price is trading below its 20 and 50 MA, and the MACD indicator is neutral. As long as the price remains below the resistance at $70K, where a large sell volume is located, a sideways movement with a new low around $68-67.5K is likely. An alternative scenario of breaking through the $70K zone would push the price toward $72K.
$BTC