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Bitcoin Dips to $114k: First Retest Since Aug 6
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Analysis
Bitcoin breached the $114,000 level and retraced intraday to $114k, marking the first drop since August 6. A 1.93% intraday decline indicates renewed selling pressure and a potential shift in near-ter...
Recommendation
Given the current pullback, adopt a cautious stance rather than initiating new long exposure. If you are already long, maintain tight risk controls with defined stop-loss levels and consider trimming ...
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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