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TechFlow news, on September 2, Deribit analyst Anand Raj released a report stating that Bitcoin has broken below the key support level of $57,700 and is exhibiting a lower high pattern, indicating a technical downtrend. However, since there is a support zone around $55,500, the pace of price decline may slow down.
Deribit analyst Anand Raj released a report stating that Bitcoin has broken below the key support level of $57,700 and is exhibiting a lower high pattern, indicating that a downward trend has technically formed. However, as there is a support zone around $55,500, the pace of the price decline may slow.
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