Abbas_iq
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$BTC
The price of Bitcoin (BTCUSD) continues its recent downward trend, breaking the key support level of $106,200, which is considered a strong negative signal, especially as it coincides with a bearish break of the simple moving average support for the 50-period, adding more pressure on the price movement.
This decline comes after the price previously succeeded in offloading part of its apparent selling saturation shown in the relative strength indicators, allowing it additional space to move downwards without significant technical obstacles from the momentum side..
$BNB
The price of Bitcoin (BTCUSD) continues its recent downward trend, breaking the key support level of $106,200, which is considered a strong negative signal, especially as it coincides with a bearish break of the simple moving average support for the 50-period, adding more pressure on the price movement.
This decline comes after the price previously succeeded in offloading part of its apparent selling saturation shown in the relative strength indicators, allowing it additional space to move downwards without significant technical obstacles from the momentum side..
$BNB
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