15-06-2023 09:35 via coinjournal.net

Bitcoin dips under $25k as bulls lose 7-month trendline – what next?

Bitcoin price fell below $25,000 after the Fed rate pause news.
An analyst points out that the decline saw bulls lose a 7-month trendline support and $20k-$22k could be next.
The main resistance zone is between $26k and $28.3k, which can be touched if BTC bounces back.Bitcoin price broke below the $25,000 level overnight Wednesday as bulls failed to hold a key support zone, with the new price weakness coming after the US Federal Reserve’s interest rate pause decision.
Bitcoin had consolid
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