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Is Bitcoin Entering Another 2022-Style Crash? Analyst Warns of Rising-Channel Breakdown

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Is Bitcoin Entering Another 2022-Style Crash? Analyst Warns of Rising-Channel Breakdown

The current Bitcoin pullback is closely tracking the same rising-channel breakdown pattern that preceded the 2022 downturn. Currently, Bitcoin trades at $86,301, down 0.5% over the past day and increasing its weekly loss to 9.6%.

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