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Bitcoin (BTC) Recovers $84,000, But There’s a Death Cross Catch
The recent growth in the price of Bitcoin has led to a surge of excitement and speculation among investors. However, as we examine the technical analysis dogmas, it is essential to note that there are several indicators suggesting that this current rally may not be sustainable in the short-term.
Despite the sudden recovery to $84,000, many market observers believe that the fundamental factors supporting Bitcoin’s price are still weak, and this upward momentum may soon turn into a downward trend.
Source: https://u.today/bitcoin-btc-bulls-celebrate-but-death-cross-warns-of-trouble
