According to Deep Tide TechFlow, on August 2, cryptocurrency analyst Muro stated on social media X that Bitcoin (BTC) has broken below the channel pattern and may be undergoing a bearish retest. Muro pointed out that BTC needs to return above the channel pattern to restore bullish expectations; otherwise, a chain decline may occur. He advised investors to cautiously manage risk.
Analyst Says Bitcoin Breaks Below Channel Pattern and May Face Bearish Retest
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BTC
114,928.38
+0.88%
