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Bitcoin has entered a critical phase after its recent correction dragged the price toward the $70,000 level. Viewed through a macro lens, this move has exposed BTC to elevated downside risk.
Several on-chain and technical indicators now align with a bearish outlook. However, large holders are actively accumulating, attempting to slow or reverse the developing trend.
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Bitcoin Loses A Major On-Chain Support
Bitcoin has dropped below the True Market Mean for the first time since September…
