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Bitcoin’s price is close to critical support levels

Since peaking at 108,353 USD on December 17, 2024, Bitcoin’s price has seen a steep decline. Analysts are particularly concerned about a bearish head and shoulders pattern indicating further potential declines.

Short positions dominate market activities, raising concerns of more price breakdowns. Holding Bitcoin above 94,000 USD is critical as losing this level might lead to greater instability and hinder market recovery.

This is community-generated content, not advice from ONUS.
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