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June 1, 2026
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BTC Drop #2

BTC Drop #2

BTC Drop #2

BTC Drop #2

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
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BTC Drop #2

Looking at the 200 sma on the weekly chart (light purple) Bitcoin has in previous bottoms touched this moving average. I believe we will go down to this line ($22k) and maybe just a bit lower then bounce out. You can check the history of this moving average on the weekly chart and see that is where THE BOTTOM happens. Just my opinion

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