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CoinDesk
Bitcoin Nearing Downside Exhaustion Signal
Bitcoin (BTC) pared earlier gains after buyers took some profits below the $33,000 resistance level. The cryptocurrency could find support, initially at $27,500 and then at $25,000. For now, BTC is roughly one week away from registering a downside exhaustion signal. “All About Bitcoin” host Damanick Dantes breaks down the Chart of the Day.
