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Bitcoin Breaks Down: But Has It Really?

Crypto Daily·October 8, 2026·1 min read
Bitcoin Breaks Down: But Has It Really?

Bitcoin price appears to be breaking down from a parallel channel, with $81K at least in its sights. However, tilting the channel shows the price action fits better inside, giving BTC more downside leeway. A bounce might be coming instead, depending on how the channel holds.

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