Key Takeaways
- Bitcoin and Ethereum have dipped by more than 15% over the past four days.
- Bitcoin could dive to $28,060 if it breaches the $32,850 support level.
- Ethereum must hold above $2,500 to avoid a downswing to $1,720 or lower.
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Bitcoin and Ethereum are still trending downwards while fear surrounding the global macroeconomic environment escalates. Losses could accelerate as both cryptocurrencies appear to breach vital demand zones.
Bitcoin and Ethereum Face…
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