CryptoQuant: Bitcoin breaks below key support level, could trigger 8%-12% price correction
CryptoQuant analysts state that the price of Bitcoin has fallen below the on-chain realized price of $65,800, which is a key support level for the bull market. With Bitcoin breaking below this crucial support level, it may indicate a potential 8%-12% pullback and could result in the price falling towards $60,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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