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How Severe Is This Bitcoin Bear Market and Where Is Price Headed Next?

by BeInCrypto
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Bitcoin Relative Unrealized Loss

Bitcoin recently experienced a sharp sell-off that nearly dragged the price down to the $60,000 level before a swift bounce followed. Dip buying helped BTC stabilize near current levels, but this rebound alone does not confirm a trend reversal.

Instead, the move appears more like a temporary pause within a broader corrective phase, leaving investors questioning whether further downside lies ahead.

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