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Bitcoin Price Analysis: Short, Medium, and Long-Term Trends to Watch

  • Bitcoin's short-term trend is positive but faces resistance and declining momentum, with potential for price volatility.
  • Medium-term outlook is uncertain, with potential for both upward and downward movements, influenced by market conditions and recent price drops.
  • Long-term trend remains bullish but a break below $71,000 could signal further declines.
  • Market conditions, including the upcoming U.S. election, could impact Bitcoin's short-term direction and investor confidence.

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