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BTC, SOL, AVAX, ALGO, AXS -Breaking

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BTC() is still seeing strong selling, as bulls seek to change the psychological level at $60,000 towards support. Analysts believe Bitcoin may be a viable alternative to traditional currencies. Make a correction while traders are making profitsAfter the success of the Bitcoin exchange-traded fund launch last week.In the past, the Chicago Mercantile Exchange’s Dec. 18 2017 launch marked the end of a strong bull market. It also signaled the beginning a long-term bear market. After the Coinbase IPO, (NASDAQ:), on April 4, 2021, a similar but smaller crash was observed. This suggests that the old adage “buy the rumor, sell the news” could be at risk of repeating once again.

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Coin360 BTC/USDT daily charts Source: TradingView