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Bitcoin price dips below $37K as a descending channel pattern comes back into play

Bitcoin’s repeat visit to the sub-$37,000 range is reenforcing analysts’ view that BTC is either set for a lengthy consolidation or further downside.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin price dips below $37K as a descending channel pattern comes back into play

Bitcoin’s repeat visit to the sub-$37,000 range is reenforcing analysts’ view that BTC is either set for a lengthy consolidation or further downside.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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