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The post BTC Price Dip This Monday Warns A Crash To $38K appeared first on Coinpedia Fintech News Starting the analysis on a bearish tone, Bitcoin starts the week with a quick drop of 1% at press time as the momentum releases. Following the days of consolidation, the BTC price fails to gain any positive influence from the S&P 500, reaching its all-time high in two years. With the total crypto market cap at $1.573 trillion testing the 50-day EMA, Bitcoin shows intense bearish signals. However, despite the sentiments turning lukewarm, the Bitcoin price prediction based on Halving and potential rate cuts are bullish. Bitcoin Price Warns A Trendline Breakdown For A 6% Downside Following a consolidating end to the bearish last week, the sellers are ready for high-activity moves this week. With a downfall of 1.08% at press time, the BTC price is testing the crucial support zone at the $41K mark.
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