Analyst Predicts Bitcoin Price Dip Similar to November 2022
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The past week experienced a notable collapse in the cryptocurrency market, which reached its peak on Monday. This collapse led to Bitcoin's MVRV (Market Value to Realized Value) indicator descending to its lowest level since the FTX collapse. An analyst has forecasted that Bitcoin's price could see a dip reminiscent of what occurred in November 2022.
The prediction comes at a time when market volatility is significantly impacting investor sentiment and Bitcoin's market performance remains under scrutiny.
Source: en.coin-turk.com ↗
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