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The bitcoin price level where leveraged bulls could get whacked
The article focuses on a specific price level for bitcoin that poses a risk to leveraged bulls. At this designated point, these investors potentially face significant negative consequences.
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Adjacent reporting
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- Bitcoin faces critical test as bulls aim to hold $60K: Did BTC bottom?
- Bulls want bitcoin back above $80,000. Macro says not so fast.
- The inflation scenario that could send bitcoin tumbling below $60,000
- Here's what could happen if bitcoin breaks below $60,000
- Bitcoin has reached a deep bear-market valuation zone. The hard part may come next.