Friday the 13th: Ominous Signs for Bitcoin and Crypto Markets Despite Historic Gains on this Day
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Friday the 13th has historically been a positive day for Bitcoin's price, with averages gains of 1% on the day and 14% over the next month.
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However, analysts warn that current weakness in crypto markets and Ethereum activity suggest prices may fall soon.
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Ether's price is near September lows around $1,550, with key support levels that if broken could trigger liquidations.
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Bitcoin has broken out of its mini-bullish trendline from September's bounce from $25k to $28.5k.
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Overall crypto markets are exhibiting signs of weakness that point to the possibility of lower prices ahead.