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JUST IN: Another $220.5M liquidated from the crypto market in the past 24 Hours. π
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NEW: β$BTC REALIZED LOSSES HAVE SURGED TO LEVELS LAST SEEN DURING THE FTX COLLAPSE, WITH SHORT-TERM HOLDERS DRIVING THE BULK OF THE CAPITULATION
#BTC/USDT ANALYSIS
Bitcoin has broken down from the rising wedge pattern with significant volume, and the price is continuing to move downward. A potential rebound may occur from the marked horizontal S/R level. Keep an eye on upcoming price action developments.
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