Key points:
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Bitcoin has pulled below $116,000, but select analysts expect buyers to step in at lower levels and arrest the decline.
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Select altcoins have reached critical support levels where the buyers are expected to mount a strong defense.
Bitcoin (BTC) attempted a recovery on Friday, but higher levels attracted selling. That has pulled the price under $116,000 as short-term traders are rushing to the exit.
Analyst Stockmoney Lizards said in an X post that BTC is witnessing a shakeout in both…
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