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Bitcoin Dips Below $89K: Is a Deeper Pullback Coming? TokenPost 5 күн мурун

Bitcoin Dips Below $89K: Is a Deeper Pullback Coming? 📉

Bitcoin

Bitcoin's volatility has once again stirred the crypto market. After an impressive surge of 10% to $93,604, the cryptocurrency experienced a reversal, falling 5% to $89,100. This pattern of significant rallies followed by steep declines has caught traders off guard, despite clear warning signs from the Bollinger Bands.

The price failed to sustain a breakout above the middle band on the daily chart, leading to a downward slide and triggering a wave of liquidations. In the last 24 hours, $1 billion in leveraged positions were wiped out, demonstrating the importance of risk management in trading.

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Окшош макалалар (19)

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