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December 9, 2024

Bitcoin’s Bullish Momentum Faces Bearish Divergence: A Market Alert

Bitcoin hit an all-time high above $104,000, but it struggles to maintain these gains. The cryptocurrency has repeatedly tested the $100,000 mark. However, it closes below this level consistently.

This fluctuation indicates a bearish divergence, causing concern among investors. Is this a temporary setback, or do we face ongoing challenges?

Monitoring Bitcoin’s price action is crucial for those involved in the market. Understanding these trends can help inform investment strategies and future predictions.

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