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Cryptonewsz
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Bitcoin Price: 3 Reasons Why BTC Risks Another Fall To $55K
- Bitcoin price faces downward pressure, with indicators pointing to a potential fall to $55K.
- A large Bitcoin whale recently sold 500 BTC, contributing to increased selling pressure.
- Increased liquidations and surge in exchange balances suggest further selling pressure.
- Analyst highlights potential rebound to $60.2K, but warns of a drop to $55K if critical support level breaks.
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