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Bitcoin traders target $30K–$34K price zone due to bearish BTC chart patterns
Bitcoin's price notably fell below the $40,000 threshold, reaching $38,521. This downtrend in Bitcoin's price was mirrored by other major cryptocurrencies, with Ether dropping below $2,200 and Solana briefly falling under the $80 level. Binance Coin also lost its critical support level of $300.