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Bitcoin Price Analysis for Feb 23: Bearish Breakdown or Ultimate Buy-the-Dip Opportunity?

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Bitcoin Price Analysis for Feb 23: Bearish Breakdown or Ultimate Buy-the-Dip Opportunity?

Bitcoin breaches key Fibonacci level signaling a stronger downtrend with RSI near oversold, yet an analyst sees bullish setup. Bitcoin (BTC) is trading at $64,796.37, marking a sharp 4.7% decline over the past 24 hours.

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