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21.11 - 22:19
Bitcoin: dealing with this right now, will determine the scope of long-term returns
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After an hourly candle burst on 3 November at 18:00 UTC, Bitcoin is yet again testing the waters near $60,000. At press time, BTC dropped down to as low as $60,050, with fundamental structure looking weak in the short term.
However, there is also a train of thought that, selling pressure from hodlers is currently getting mitigated and it is only a while before Bitcoin regains a second wind in the charts.
Yet, it is always difficult to understand entries from both an investor and trader perspective, so in this article, we will try to break down how to deal with Bitcoin during the current market scenario.
Source: Twitter
Understanding the value of on-chain was highlighted in our previous article, and currently, Bitcoin’s Market-Value to
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