Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
Technical Analysis
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase, marking the market's return to a distribution phase after a brief respite. This shift is significant for professionals, as it may alter trading strategies and investment approaches. Investors should prepare for potential volatility as the market continues to adjust. What to watch next: indicators of buyer interest and institutional involvement.
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