August 12, 2025

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Bitcoin ‘ugly daily candle’ could signal drop below $117K: Trader

1 min read
Bitcoin ‘ugly daily candle’ could signal drop below 7K: Trader

Bitcoin ‘ugly daily candle’ could signal drop below 7K: Trader

Bitcoin swiftly reversed direction this week after soaring expectations for new highs gave way to weakening price movement below $120,000, signaling the possibility of further declines.