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Bitcoin prices are declining, trading below $27000. BTC still faces further downside risks below the support levels of $26500 and $26200

Due to concerns about the conflict between Israel and Hamas, management costs have skyrocketed, and Bitcoin prices have fallen below $27000.On Thursday, the largest cryptocurrency trading price was $26816, down 2

Although the Bitcoin market is currently in a sideways consolidation state, with price volatility gradually decreasing and maintaining around $27000, long-term Bitcoin ($BTC) holders are still actively accumulating this major cryptocurrency asset.According to data provided by blockchain analysis company Glassnode, long-term Bitcoin holders have added at least 50000 Bitcoins per month, with a total value exceeding $1

The price fluctuations of Bitcoin (BTC) are shaking counterfeit coins, and at the time of writing, the price is just below the support level of $26800. The recent news has to some extent increased volatility

After breaking through the resistance level of $28000 again over the weekend, Bitcoin has fallen back to its lowest level since the end of September.Bitcoin (BTC) fell below $27000 for the first time since the beginning of this month on Wednesday, as the stock market rose for four consecutive days and bond yields fell for three consecutive days, failing to stimulate interest in cryptocurrency purchases

The fluctuation of Bitcoin prices has affected counterfeit coins, with current trading slightly below the support level of $26800. The recent news has had a certain impact on market volatility

Yiming's Trading ExperienceAll content in this article is personal opinions and is for learning and communication purposes only. It is not used as an investment basis and should be operated based on it at your own risk

Yesterday Monday closed the weekly line, let's take a look at the trend of the weekly line.Last week we talked about the trend of Bitcoin, and although it has risen to near the pressure level, the positive line has not increased, and the market will continue to fluctuate

Despite a brief consolidation below $28K, Bitcoin prices remain positive.The 50 day and 200 day moving averages have avoided death crossing and restored positive alignment

As mining sales lead to a decline in Bitcoin prices, counterfeit coins also experience fluctuations. So, what are the expectations for XRP, SOL, and ADA? With the upcoming Federal Reserve meeting minutes to be released tonight, geopolitical risks, and tomorrow's inflation data, there are many factors that can suppress the price of Bitcoin

Despite a brief consolidation below $28K, Bitcoin prices remain positive.The 50 day and 200 day moving averages have avoided death crossing and restored positive alignment

BRC-20 is an experimental format standard for issuing homogeneous tokens on the Bitcoin network. The main difference between BRC-20 and ERC-20 is that Bitcoin networks do not support smart contracts