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Evening update for Bitcoin (BTCUSD) -16-10-2025
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Evening update for Bitcoin (BTCUSD) -16-10-2025
Oct 16, 2025 11:24 AM

The (BTCUSD) price witnessed sharp losses in its recent intraday trading, breaking the key support at $109.500, which represents our expected target in our previous analysis, amid the dominance of the main bearish trend on the short-term basis, after offloading the oversold conditions on the relative strength indicators, intensifying the negative pressure around the price.

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