Bitcoin Technical Analysis: $50,000 Support Under Siege as Bearish Trends Persist 

Bitcoin’s value reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by rising considerations about an impending recession, with Japan’s Nikkei experiencing its steepest every day drop since ‘Black Monday’ in 1987. Futures for the Dow, Nasdaq, and S&P 500 have additionally proven indicators of correction, […]



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