Crypto Market Faces Uncertainty as Bitcoin Nears Resistance and Bearish Patterns Emerge
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Bitcoin price broke out from a bullish triangle pattern, potentially heading towards $38,000.
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The crypto market cap is nearing the end of a bearish ascending wedge pattern that could lead to a breakdown.
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BLUR faced rejection at a key horizontal resistance level and could fall 35% to the next support.
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A new crypto lending platform called Tokenet launched amid regulatory concerns over cryptocurrencies.
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Indicators like RSI show bullish momentum despite bearish chart patterns, signaling uncertainty about the overall trend direction.