US EditionBitcoin Faces Ongoing Risks: Should You Wait Or Trade Now?
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Bitcoin Faces Ongoing Risks: Should You Wait Or Trade Now?
Bitcoin’s price correction continues, with 24% of supply in unrealized loss, signaling an early correction phase. The lack of widespread loss realization suggests the market hasn’t yet entered re-accumulation phase. Reactive trading is discouraged; cautious observation is advised before making any allocation decisions. A recent analysis from CryptoQuant pointed out that Bitcoin is still in continuation of the price correction phase. Despite this…
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