Mirroring The Crash: Can Bitcoin Rise As Fast As It Fell?
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A crypto analyst, 'The Crypto Dog,' predicts a swift recovery for Bitcoin, mirroring the speed of its previous crash. Bitcoin has shown resilience at the $54,000 support level, indicating potential for rapid gains. Despite recent declines, the cryptocurrency is on a recovery trend, possibly fueled by whale activity. Another analyst, 'the on-chain college,' highlights the current moment as an opportune time to invest, with Bitcoin's Mayer Multiple at its lowest since the 2022 bear market.
Source: www.newsbtc.com ↗
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