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One platform for global traditional assets
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Bitcoin just confirmed a bear-flag breakdown on the chart. So here's the million dollar question: are we about to squeeze late shorts into a relief bounce, or does this signal more downside ahead? The breakdown looks clean, but these things can get tricky fast. If shorts keep getting trapped, we might see a quick pump before any real decline. On the flip side, if the selling pressure persists below key support levels, we could be looking at deeper losses. Either way, this is the kind of chart setup traders keep a close eye on right now.