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Bitcoin faces increased downside risk after failed breakout, Ran Neuner warns

Bitcoin faces increased downside risk after failed breakout, Ran Neuner warns
Bitcoin downside likely after failed breakout

Ran Neuner, founder of Crypto Banter, expresses concern following Bitcoin's recent price action.

Neuner highlights that Bitcoin made another attempt to break out of its flag pattern but failed. He notes that Saylor had a strong last day on STRC before it went ex-dividend and is now out of the market. Neuner signals that further downside for Bitcoin is more likely in the current setup.

Neuner recently stated that $60,000 marked the bottom for Bitcoin, referencing Anthony Pompliano’s insights on Bitcoin and altcoins in a previous market discussion. He has also announced a forthcoming interview that aims to show a different side of Binance founder CZ, scheduled for publication tomorrow in a separate update. Both comments reflect Neuner’s ongoing focus on key industry figures and price milestones.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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