▶youtube BusinessCrypto first seen 1 d ago, last 1 h ago, peak #3
Bitcoin Slides to Bull Market Support Band
Original: Bitcoin Falls to the Bull Market Support Band
Bitcoin has dropped to a widely watched technical level known as the bull market support band, an area that has historically marked the lower boundary of prior bull-market corrections. Analysts including Benjamin Cowen highlighted the move, which has drawn heavy attention from crypto traders debating whether the level will hold or give way to further downside.
Why now: Traders are watching a key technical support level to see whether Bitcoin's correction will hold or deepen.
Evidence
- Bitcoin Falls to the Bull Market Support Band · Benjamin Cowen · 215.1K
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