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Bitcoin Faces Key Technical Tests as Momentum Slows and Sentiment Hits Oversold Levels

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BTC
$88,119.40-0.06%
Bitcoin faces key technical tests as momentum slows and the fear and greed index hits oversold extremes. Technical indicators like the two-week RSI and monthly SOTT cycle show BTC at a critical juncture. A support hold could stabilize the market, while a breakdown may signal a deeper correction. The fear and greed index now mirrors past rebounds, offering mixed signals for near-term direction.
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