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Bitcoin's technical analysis indicates that in the past week, the price reached the $50,000 resistance level and retraced from it and move downwards and test the $45,000 level. Currently, it is crucial to see if the price finds support above the $45,000 level or moves lower.

2 $DEGEN Bitcoin is at a crucial point after hitting resistance at $50,000 and retracing to test the $45,000 support level. It could indicate more volatility ahead. Traders should keep a close watch and use risk management.