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Bitcoin Holds Its Range, But Pressure Mounts

Bitcoin starts the week near $30.20K, having fended off attempts to break below a meaningful round level since the second half of last week. However, Bitcoin failed to break out of its range at the beginning of last week, where it has been consolidating for the past three weeks. We should be prepared for BTCUSD to go deeper into a correction just below $29.0K.
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