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Bitcoin’s June Lows in Focus During Renewed Price Decline

Bitcoin has retreated along with the wider cryptocurrency space, putting downside levels back into the conversation. The June lows, which sit right at $17,600, could be a key area to watch, according to Fundstrat technical strategist Mark Newton and Nexo co-founder Antoni Trenchev. Bitcoin fell as much as 2.3% on Monday to $19,526.