Analysis: If BTC falls below the $83,000 support level, it may face the risk of falling to $75,000
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Planet Daily News: CoinDesk analyst and market technical expert Omkar Godbole wrote that Bitcoin's recovery momentum seems to have stalled, with $86,000 becoming a key resistance level. Key momentum indicators suggest a potential bearish shift, and breaking below $83,000 could trigger selling pressure. To continue its recovery, the closing price needs to be above $86,000. If BTC breaks below the $83,000 support level, it may risk falling to $75,000. (CoinDesk)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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