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Benzinga
Benzinga
Business
Khyathi Dalal

Bitcoin Faces Slide To $110,000, But Ethereum Offers Superior Risk-Reward, Analyst Concludes

Two,Coins,Bitcoin,And,Ethereum,On,A,Dark,Background.,Business

Bitcoin (CRYPTO: BTC) is struggling to maintain key support levels, whereas Ethereum (CRYPTO: ETH) is holding rather well during recent volatility, according to a prominent market analyst.

What Happened: In a podcast published on Aug.18, analyst Trader Mayne analyzed Bitcoin's swing failure pattern (SFP) during the last week, noting that 13 of the past 15 occurrences produced a reaction.

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