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duytdcrypto
@duytd1
🔷🔶 Bitcoin price fell to nearly $80,000 and created a "death cross" in the context of the stock market also plummeting, similar to the decline caused by the COVID-19 pandemic in 2020. Data made the US weaker than expected, making investors worried about the Fed's monetary policy. The S&P 500 stock market fell more than 4% on the day and the possibility of a Fed rate cut in the month to the market was appreciated. Bitcoin failed to maintain its growth in early April after the US announced payment tariffs. Technical analysis shows that Bitcoin's downtrend could last from 3 to 6 months.
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