Bitcoin (BTC) Faces Short-Term Dip but Long-Term Prospects Remain Strong: Analyzing Trends and Future Peaks
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Bitcoin is experiencing a significant price drop, which is affecting the overall market sentiment. However, the selling pressure on BTC is reducing, which could set the stage for a market turnaround. A well-known analyst highlights that Bitcoin's price cycles are correlated with its halving events. Despite another price correction, Bitcoin's long-term prospects remain strong, as current trends and historical patterns indicate potential future peaks.
Source: en.coinotag.com ↗
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