Is Bitcoin still bullish or trapped in a range? key market structure at risk 📉
Bitcoin's recent correction has prompted a critical question: Is it merely a temporary pullback, or is Bitcoin entering a range-bound market phase? The breakdown in its market structure could be a signal of potentially deeper retracements ahead. Observers have noted a shift in Bitcoin's momentum, following a period of strong upward movement. As these developments unfold, the uncertainty surrounding Bitcoin's market position intensifies, leaving analysts to ponder its broader implications on the cryptocurrency market.
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