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Bitcoin chart pattern, whale activity warn of another 20% price drop
•1 min read
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.
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Source: CoinTelegraph · Report an issue