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According to an analyst

 According to an analyst, an extensive technical level is being considered currently to be considered for the assets.

 Chief market analyst of AvaTrade Naem Aslam stated that price fluctuations could signal that bulls have lost their ability to perform. Investors must be on the lookout for the possibility of bitcoin falling below the 50-day SMA benefitshome benefits home Website benefits home us of $58,000. This could mean that there could be a possibility of support. If prices stay above this level it could lead to an important rally.