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Bitcoin At Risk Of Deeper Correction – Could A $65,000 Retest Be Imminent?

  • Bitcoin is undergoing a significant correction, raising concerns among investors.
  • BTC is attempting to break below the critical 100-day SMA, which could accelerate the decline.
  • The signal line on the Composite Trend Oscillator is crossing below the SMA line, indicating increasing downward pressure.
  • A retest of the $65,000 support level has important implications for Bitcoin investors.

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