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Bitcoin Support Break Warning Sparks Major Drop Fears

If Bitcoin drops below the support trendline at 104,479 USDT and the hourly candle closes below this level, a significant decline in BTC's price might be imminent.
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AI Analysis

The current analysis indicates that Bitcoin is approaching a critical support level at 104,479 USDT. A breach of this trendline, confirmed by a closing below this support on the hourly chart, suggests...

AI Recommendation

Given the current scenario, traders should exercise caution. If short-term traders observe a daily or hourly close below 104,479 USDT, they might consider reducing exposure or setting tight stop-losse...

Disclaimer

The AI 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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