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BTC

Bitcoin Breaks Below $18,000 — Bearish Momentum Rising

I see Bitcoin has slipped below the $18,000 mark, breaking a key psychological and technical support level.

This breakdown suggests weakening momentum and increases the probability of a deeper pullback or extended consolidation around $16,000–$17,000 unless buyers step in quickly.

I’m reducing exposure and waiting for clear signs of stabilization or a confirmed reversal before adding back to positions.

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Analysis

Price breaking below $18k marks a technical failure of support; volume and macro risk likely favor continued downside or range-bound action until buyers absorb supply. A retest of lower support near $...

Recommendation

I recommend reducing or closing long exposure and avoiding new long entries until price shows sustained recovery above resistance or clear stabilization; consider re-entry on confirmed reversal signal...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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