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Bitcoin just tested 78,500, and those with an average price of 78,500 are temporarily closing their positions and walking away, as the rebound strength is too weak.
This week, we have basically maintained a low profile, operating within a range of 79,000 to 82,000.
On Friday, gold, silver, and Nasdaq all declined, and over the weekend, Bitcoin also experienced a weak rebound. If gold continues to fall back tomorrow, the Nasdaq futures are bound to continue retracing when the market opens, and Bitcoin will follow suit.