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CryptoGlobe
2024-05-03 02:42:00

Bitcoin Mimics 2016 Pattern: Analyst Suggests Price Dip May Be Temporary pen_spark

Bitcoin Mimics 2016 Pattern: Analyst Suggests Price Dip May Be Temporary pen_spark

A popular cryptocurrency analyst has recently identified possible parallels between the current price movements of the flagship cryptocurrency Bitcoin (BTC) and its 2016 bull run, even after a recent price correction. According to pseudonymous cryptocurrency analyst Rekt Capital, Bitcoin’s price action has been mirroring its 2016 cycle, with further declines observed in the weeks following

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