Bitcoin’s Last Line of Defense is Cracking, and There are No Buyers Below It

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Bitcoin’s price broke through a key support level, weakening its last line of defense. At the same time, Tether supply is shrinking and ETFs recorded outflows of $696 million. The lack of buyers below current levels increases the risk of further declines for BTC.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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