Bitcoin Price Continues to Drop, Signals More Losses Ahead

08/18 05:35

Bitcoin's price fell by almost 8% in 24 hours to $26,362 during Asian business hours on Friday, breaking out of its range channel between $29,000 and $30,000 and testing levels slightly above $25,000. This decline could validate a double-top pattern and lead to losses below $20,000 before a rebound.

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