Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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The chart suggests a bearish outlook in the short term due to the breakdown below the trendline and the formation of a head and shoulders pattern. The next key support level to watch is around $52,408.76. If the price bounces from this level, it could indicate a potential reversal or consolidation phase. However, if it breaks below this support, further downside could be expected.
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