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Bitcoin Rejected at $49k Support

Bitcoin (INDEX:BTCUSD)  
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INDEX:BTCUSD   Bitcoin
Trend Analysis Bitcoin (Cryptocurrency) BTC
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trendanalysis bitcoin btc
Bitcoin continuing downward movement, bearish structure remains valid.

Consistent lower highs, consistent inflows of BTC to exchanges.

$46.7k next stop.

Major support around $40k.

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