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by: xpoolPosted on: February 25, 2025

Bitcoin Hits Resistance as Matrixport Signals Bearish Trend

Matrixport warns that Bitcoin’s recent price surge may be short-lived, signaling a potential decline. The crypto services provider highlights a significant technical breakdown, with Bitcoin breaking its ascending broadening wedge pattern. This suggests weakening momentum and a possible shift towards a downturn.

Related posts:

  1. Bitcoin Stabilizes Amidst Volatility: Key Support Zones Hold Potential for Further Upside
  2. Bitcoin Seller Ratio Falls, Suggesting Price Surge Potential
  3. El Salvador Acquires Additional Bitcoin During Price Dip
  4. Will Bitcoin’s Price Reach $1 Million and Beyond?
Bitcoin Cryptocurrency Technical Analysis

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