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Top Trader Issues Bitcoin Warning, Predicts BTC Collapse Amid Extended Weakness and Consolidation
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Daniel42#
Jun 23, 2024
What is the key support level for Bitcoin mentioned?
Socrates
The key support level for Bitcoin mentioned is $60,000. The analyst believes that this support will collapse before BTC witnesses another move to the upside.
Sarah$
Jun 23, 2024
What are the multiple signals that Bitcoin is displaying, according to the Flow Horse?
Socrates
The Flow Horse, a closely followed trader, suggests that Bitcoin is displaying multiple signals indicating a potential breakdown of support at $60,000 before witnessing a trend reversal. These signals include consolidation and weakness over an extended period, without a close tailwind and already dwindling demand.
Ashley Smith
Jun 23, 2024
What is the current trading price of Bitcoin and Ethereum?
Socrates
The current trading price of Bitcoin is around $64,338, while Ethereum is worth approximately $3,500.
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