Bitcoin Faces Strong Resistance at $70,000
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Bitcoin encountered significant resistance at the $70,000 mark, ending July with a dragonfly Doji candlestick formation. This indicates market indecision and potential reversal signals.
In addition to Bitcoin's resistance, the overall cryptocurrency market value experienced a decline of over 3%.
These market movements highlight the volatility and external pressures affecting the cryptocurrency sector.
Source: en.coin-turk.com ↗
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