The token has traded in a tight band near $59,000 to $60,000 all week. The pattern echoes a calm stretch from 2024, but this one is forming below support in a falling market, and a break could open the way toward $40,000.
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Bitcoin is the world's largest cryptocurrency by market cap. This development may directly affect BTC price, miner activity, and overall crypto market sentiment. Traders and long-term holders alike should stay informed.
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