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Invezz 2024-01-19 13:48:31

Analyzing BTC/USD: Bitcoin’s potential drop to $37,000 if $40,700 support is breached

BTC/USD chart and technical analysis Bitcoin is retesting a major support level of $40,700 and if the price manages to break below this level then it will likely further drop to the $37,000 support level. The price has retested this level multiple times but was unable to break it and if it managed to close

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