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You are at:Home ยป Analyst Anticipates Major Bitcoin Price Movement Following Period of Consolidation
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Analyst Anticipates Major Bitcoin Price Movement Following Period of Consolidation

By adminJun. 5, 2024No Comments1 Min Read
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Analyst Anticipates Major Bitcoin Price Movement Following Period of Consolidation
Analyst Anticipates Major Bitcoin Price Movement Following Period of Consolidation
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The latest analysis from Checkmate is honing in on the sell-side risk ratio for short-term investors, which is experiencing a sharp drop. This data indicates that individuals who have been holding onto Bitcoin for less than 155 days are starting to lose steam. These short-term investors play a crucial role in driving short-term fluctuations in price. The analyst suggests that the declining sell-side risk ratio is a sign that Bitcoin is primed for a major shift, likening it to a tightly wound spring. For the most up-to-date financial and business news, be sure to visit COINTURK FINANCE.

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