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Bitcoin slides to April lows as crypto diverges from record-chasing U.S. equities

CoinDesk·May 29Read the full story →

Hex37's read

  • Bitcoin fell to its lowest point since April.
  • BTC failed to break above the $83,000 resistance level.
  • US equities futures show gains, diverging from Bitcoin's trend.

What it means for traders

  • Bitcoin's failure to break higher suggests potential bearish sentiment.
  • Traders may consider shorting BTCUSDT on signs of weakness against equities.

Affected markets

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