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Bitcoin’s sharp late-January sell-off has intensified debate over whether the market is approaching a cyclical bottom—or merely entering the next leg lower.
According to Galaxy Digital’s head of research, Alex Thorn, recent price action suggests downside risks remain elevated, with Bitcoin potentially drifting toward long-term technical support levels in the weeks or months ahead.
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Galaxy Digital Warns Bitcoin Could Drift Toward Long-Term Support Near $58,000
In a research note sent…
