Bitcoin bulls should 'be careful with longs' as BTC price risks $100K breakdown
4M ago•
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A potential inverse head-and-shoulders pattern suggests Bitcoin could retest $91,000 before any meaningful bullish breakout resumes.
Key takeaways:
Bitcoin dropped over 4.5% on May 19, confirming a bearish divergence and threatening a break below $100,000.
Analysts highlight $97,000–$98,500 as key support that the bulls must hold.
4M ago•
bullish:
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bearish:
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