Bitcoin’s Price Decline Raises Concerns About a Potential Market Peak
Bitcoin (BTC) has experienced a 2.25% drop in price over the past 24 hours, bringing it to 16% below its all-time high of $73,835 achieved on March 14. This recent decline, coupled with a 8.75% drop over the last 30 days and a 5.5% decrease over the past three months, has led market analysts to speculate that Bitcoin might have reached a “cycle top” in its current bull market.·
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