Bitcoin (BTC), Ethereum (ETH) Slump Going Into a Potentially Volatile Weekend

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If BTC can make a confirmed break above here, then the bottom of the recent channel and the bottom of a resistance zone cross is the next likely upside target although this looks likely to be a tough ask at the current time.

This Tuesday’s low bounced off a level last seen on May 23, a rebound that sent Ethereum back to $3,000 before subsequently selling off.

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.

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