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Bitcoin sparked mass long and short BTC liquidations while staying rangebound around $70,000 as analysis predicted a local support retest.
Bitcoin (BTC) eyed multiday lows into Tuesday’s Wall Street open as analysis warned that bears were trying to “regain control.”
Key points:
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Bitcoin is setting up a support retest at the bottom of its local range, says analysis.
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Bears want “control” again, with liquidations impacting both long and short traders.
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An ongoing lack of demand is adding to Bitcoin…
