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Bitcoin Cointelegraph

Bitcoin ‘ugly daily candle’ may signal drop below $117K: Trader

Bitcoin swiftly reversed direction this week after soaring expectations for new highs gave way to weakening price movement below $120,000, signaling the possibility of further declines.

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

Bitcoin ‘ugly daily candle’ may signal drop below $117K: Trader

Bitcoin swiftly reversed direction this week after soaring expectations for new highs gave way to weakening price movement below $120,000, signaling the possibility of further declines.

Why this matters

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

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