Bitcoin Taps $65,000 but History Suggests One More Shakeout May Be Coming
Bitcoin may have more months of weakness before hitting cycle bottom. Previous cycles show bottom around day 1400, current cycle at day 1354.
Bitcoin hit $65,000, which is a high price, but some people who study patterns think it might drop more before it starts going up again for real. When you watch Bitcoin, remember that big price jumps don't always mean smooth sailing ahead—sometimes there are bumps on the way.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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