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Bitcoin shows signs of ‘cycle exhaustion’ as BTC price tumbles to $112K

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Bitcoin shows signs of ‘cycle exhaustion’ as BTC price tumbles to $112K

Bitcoin shows signs of ‘cycle exhaustion’ as BTC price tumbles to $112K

Bitcoin’s drop to $112,000 saw significant liquidations of late longs, with onchain metrics suggesting that BTC’s bullish conviction was fading.


Source: Bitcoin shows signs of ‘cycle exhaustion’ as BTC price tumbles to $112K
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