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Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden’s administration.
Bloomberg: Balance of Power focuses on the politics and policies being shaped by the agenda of President Biden’s administration.
Prognosis explores health, wellness, and the ways in which modern science is allowing us to live better – in both the long term, and day-to-day
Brookfield Decides to Spin Off Its Asset-Management Unit
Fed Officials Back Half-Point Hikes, Mester Open to Doing More
NSA Probing Reach of Software From Russia’s Kaspersky in US Systems
FIFA Video Game Will Be Renamed After EA Licensing Deal Ends
Peloton Plunges to Record Low After Hopes for Comeback Dim
Biden Says Inflation Is ‘Hurting’ US Families, Blames Pandemic
Democratic Senators Condemn Starbucks Over Response to Union Drive
Money Managers Are Swooping In to Fill Manhattan’s Office Void
UAE’s Food Drivers Launch Rare Strike for Better Pay
Tulsa Ballerina Statue to Be Restored; More Pieces Found
ESPN Aims to Re-Create Success of ‘Manningcast’ With Golf
Don’t Look at Your 401k? Good Luck With That
Peloton’s Wheel of Fortune Hits the Skids
Bitcoin’s ‘Fire of Truth’ Gets Soaked by a Bucket of Water
Mexico’s Hottest Resort Towns Struggle With Covid Travel Boom
Inflation Is So Bad Democrats Want Biden to ‘Do More’ for Midterms
Germany Comes to Grips With Its Hard-Power Role in Europe
Spain’s Economy Minister Walks Away From Photo Shoot Full of Men
Yellen Says Abortion-Rights Rollback Risks U.S. Economic Gains
Tesco Chairman Sees ‘Real Food Poverty’ as Cost of Living Rises
ConocoPhillips Investors Reject Plan for Stricter Climate Goals
The Temperature Is the Least Surprising Part of the Texas Heat Wave
A Monument to the Enslaved ‘Mothers of Gynecology’ Rises in Montgomery
The Fight to Feed the Ukrainian Resistance
Goodbye, Blue House: A New Center of Political Power Is Rising in Seoul
El Salvador’s Bitcoin Losses Swell to 28% as Bukele Buys More
Wave Financial Starts Stablecoin Fund Touting Eye-Popping Yield
Crypto Exchange KuCoin Scores Funding at $10 Billion Valuation
Akshay Chinchalkar
Bitcoin could be in for more pain if it takes another leg down, based on a so-called point and figure analysis. Another 10% drawdown (as marked by red o’s) would drag it below the recent support zone (highlighted by the parallel white lines). If that happens, the next level of support is were the 2017 bull market topped out (dotted purple line) — or around $19,400
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