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Evening update for Bitcoin -11-08-2026
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Evening update for Bitcoin -11-08-2026
Aug 11, 2026 10:45 AM

Bitcoin witnessed sharp losses in its last intraday trading, as it reached EMA50s resistance, which forced it to break the key support level at $64,000, amid the dominance of the bearish corrective trend on the short-term basis, after offloading some of its oversold conditions on the relative strength indicators, opening the way for recording more losses in the near upcoming period.

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