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CoinOtag 2025-12-02 05:40:43

Analyst Suggests Bitcoin Bear Market Bottom May Hold Above $55,000

Bitcoin's bear market bottom is unlikely to drop below $55,000, according to technical analysis using Bollinger Bands and RSI indicators. This prediction counters fears of a deeper fall to $35,000, emphasizing the cryptocurrency's current cycle dynamics and historical patterns that suggest shallower corrections amid growing institutional adoption. Bitcoin has never breached the monthly lower Bollinger [...]

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