BTC/USD bears entered the market after two straight bullish days. The Elliott Oscillator has plummetted from -14 to -362.27.

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Bitcoin declined nearly 2% on Friday morning to see its value against the US dollar inch closer to $9,200. The top.

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It was the second time that Bitcoin dropped below $9,000 in June. Last week, BTC performed a downtrend for nearly a whole.

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Final GDP (Gross Domestic Product) and current account figures will be released later today, though expect the US dollar to.