Bitcoin (BTC) has encountered significant price fluctuations, with recent developments suggesting both challenges and opportunities for the digital asset. The latest analysis points to key indicators shaping Bitcoin’s trajectory, including a notable bull flag pattern and substantial accumulation by large holders, signaling potential bullish momentum.

Bitcoin’s recent price action has seen a considerable correction, culminating in a monthly loss of 25.5% as it dipped to $53,500, marking a four-month low.&middot

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