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#bob-loukas News & Analysis

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CryptoBearishU.Today ยท Mar 26/106
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Bob Loukas Calls Bitcoin 'Horrendous' on Weekly Chart, Sets $49,000 Target

Veteran analyst Bob Loukas has issued a bearish Bitcoin outlook, calling the cryptocurrency 'horrendous' on weekly charts and setting a price target below $49,000. Despite acknowledging that Bitcoin is already 'deeply oversold,' Loukas maintains his negative stance on the asset's near-term prospects.

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