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Bitcoin slipped below $80,000 on Monday, dipping to around $79,330 in the past day, near its lowest level since mid-September.
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Analyst Ted Pillows warned that losing the $80,000 zone on the weekly chart could lead to “capitulation soon.”
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The Fed decides on rates Wednesday, with Microsoft, Alphabet and Amazon earnings also set to be released this week.
Bitcoin’s (BTC) price slipped below $80,000 on Monday ahead of the Federal Reserve’s rate decision and earnings from Microsoft (MSFT), Alphabet (GOOG), and Amazon (AMZN) this week, with crypto analysts split on where Bitcoin is headed next.
A Busy Week Ahead
The Fed will announce its rate decision on Wednesday. Traders are pricing…
