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Bitcoin's Bearish Bend

Bitcoin's Bearish BendIn the hourly timeframe, Bitcoin confronts key supply and demand zones. A break of the ascending trendline raises bearish concerns, with potential downside towards the 35454 USDT demand area. Technicals support a bearish scenario, emphasizing caution and the need for vigilant monitoring of critical zones. Traders should be prepared for potential lower levels and assess market dynamics for strategic adjustments. This analysis is informational and not financial advice.11/13/20231 min read

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