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BITCOIN WEEKLY OUTLOOK: A TECHNICAL DAMAGE UNDERWAY The flagship cryptocurrency fell by up to 7.75 percent from its record peak of $49,700, underscoring repeated sell-off attempts as the price eyes a close above $50,000, a psychological upside target. Meanwhile, support near the $45,500-level kept bears from extending their downside bias, thus leaving Bitcoin in a short-term consolidation range.

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