Bitcoin worth failed to interrupt above $27,500 on Might 23 for the fourth time in 12 days. The drop to $26,100 over the subsequent 24 hours could seem small in absolute phrases, however it may probably be the bottom every day closing worth in 68 days.

Because the deadline (BTC) As month-to-month choices expiry approaches Might 26, the course of $2.26 billion open curiosity may decide whether or not current bearish traits dominate and provide room for correction under $25,000. .

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