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Bitcoin chart pattern, whale activity warn of another 20% price drop
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Bitcoin has recently formed a classic bearish pattern on its daily chart, raising concerns among analysts about a potential price decline. If this pattern is confirmed, the cryptocurrency could see a drop to approximately $56,000, reflecting a possible 20% decrease from its current value. Additionally, increased whale activity may be contributing to this bearish sentiment.
Read the full story at CoinTelegraph →
Source: CoinTelegraph · Report an issue
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