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Bitcoin falls back below $100,000

Started by forex4you, Dec 19, 2024, 08:09 pm

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forex4you

Dec 19, 2024, 08:09 pm
Bitcoin falls back below $100,000

Bitcoin is struggling again in a poor sign for risk trades.

It's back through $100,000 in a quick move down from $102,500 in the past hour or so. The level to watch now is the Asian low of $98,677. There was a solid bounce from there earlier but if it breaks ewe could see a drop to $96,000.

In the bigger picture, this isn't a good sign for risk assets (at all).



                This article was written by Adam Button at www.forexlive.com.

Source: Bitcoin falls back below $100,000
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