Bitcoin Mirrors 2021 Summer Dip With Potential for Further Correction, Warns Analyst Julio Moreno
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Bitcoin is currently at a valuation level similar to the summer of 2021, indicating a significant dip or correction phase. On-chain data and analysis from Julio Moreno suggest that Bitcoin's current price level mirrors previous major corrections. In 2021, Bitcoin's value dropped from $64,800 to $29,700, marking a 54% retracement.
Source: en.coinotag.com ↗
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