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Top Analyst Says Bitcoin Avoided Major Breakdown Despite Liquidations; Outlines Path to $50K Coinpedia 21 août 2024

Top Analyst Says Bitcoin Avoided Major Breakdown Despite Liquidations; Outlines Path to $50K 📈

Josh Bitcoin

Bitcoin is encountering resistance at a crucial level but has maintained its support on shorter timeframes, specifically the 2-hour chart. This support has prevented a major breakdown, even after significant market liquidations.

Analyst Josh emphasizes the importance of this support level in holding Bitcoin steady and avoiding a downturn. He outlines a path where Bitcoin could potentially reach $50K, provided it continues to hold above these key support levels.

Source : coinpedia.org ↗

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