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US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity /
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2024-05-26 17:01:05

US PMI Drop Puts Pressure on Bitcoin and Crypto Market Amid Cooling Business Activity on Nostr: Bitcoin Faces Crucial Price Levels as Bulls and Bears Battle =============== ...

Bitcoin Faces Crucial Price Levels as Bulls and Bears Battle
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#4b5de303 ver:0.6

Bitcoin's price at a critical juncture as it battles between $68,300 and $69,800 levels. These levels could act as support and resistance zones, with the 50-day moving average at $65,000 as a strong support. Bulls have a slight advantage, but no signs of overbuying. Breaking above $69,800 could lead to new highs. Positive sentiment driven by institutional interest and adoption. Short-term outlook hinges on Bitcoin's reaction to these crucial levels. #Bitcoin #Crypto #PriceAnalysis...

#newstr #Bitcoin #Btc #PriceLevels #Support #Resistance #Liquidity #Rsi #Bulls #InstitutionalInterest #Adoption

https://here.news/story/4b5de303?ver=0.6
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