Bitcoin Trades Sideways as Stocks Fall, Oil Rises Amid Middle East Tensions
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Bitcoin trades sideways around $28,200 as stocks fall on disappointing earnings and rising yields.
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Oil prices climb over 1% on Middle East tensions between Israel and Iran.
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Bitcoin stuck between $25k and $29k support and resistance levels, analysts predict a breakout is coming.
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Altcoins see double-digit losses as traders take profits from Bitcoin's Monday breakout.
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Analysts say Bitcoin likely to drop to low $20k region before next halving as macro conditions worsen.
![](https://www.kitco.com/news/2023-10-18/images/BTC2.jpg)