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Bitcoin's Price Outlook: Bitcoin is currently priced around $61,150, with analysts predicting a potential decline to a four-month low of $50,982 due to a bearish double-top pattern. However, if it manages to bounce back from support levels around $60,000 or $58,874, it might invalidate the bearish outlook and rise above $62,000 (BeInCrypto).
Arbitrum's Price Decline: Arbitrum, a significant Layer-2 token, has seen a price drop of over 60% since March, currently trading around $0.799. Analysts expect it could hit a new all-time low, although a rebound above $0.929 could reverse this trend (BeInCrypto). 0 reply
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