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Bitcoin Declined Below $58K; Support Between $53K-$55K

The cryptocurrency is down about 2% over the past 24 hours and is roughly flat over the past week.

Bitcoin four-hour price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)
Bitcoin four-hour price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)