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The Daily Hodl 2024-06-30 07:04:28

Analyst Says Lower Prices for Bitcoin Could Serve As Catalyst for Rally to New Highs – Here’s What He Means

A closely followed on-chain analyst thinks a deeper drawdown could ultimately end up as the spark that ignites a Bitcoin (BTC) rally to fresh highs. In a new interview on the What Bitcoin Did podcast, pseudonymous analyst Checkmate says on-chain data suggests that BTC has seen a significant decline in sell-side pressure since April when The post Analyst Says Lower Prices for Bitcoin Could Serve As Catalyst for Rally to New Highs – Here’s What He Means appeared first on The Daily Hodl .

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