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Bitcoin Not Out of Danger Yet

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Bitcoin has built a massive head and shoulder topping pattern over the past 18-months.

A sustained decline below $28,000 would confirm a pattern breakdown.

Investors should be nervous as prices struggle to get back above $30,000.


Bitcoin is unlikely to survive a second trip below $28,000.


The first stop would be $20,000, with the potential of reaching $12,500 or lower during crypto winter.

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