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Chart Shows Bitcoin Price Could Slide Below $100k Again as Key Resistance Holds

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BTC price action shows Bitcoin might be on the verge of another drop below the $100,000 mark. On the daily chart, Bitcoin is moving inside a descending broadening wedge pattern. This means the price is trading between two downward-sloping trendlines that are gradually getting wider apart. Each time BTC hits the top of this channel,
bullish:

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bearish:

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