Why Did Bitcoin’s Price Fall? Why Can’t It Recover? Here Are the Opinions
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Despite its recent recovery, Bitcoin (BTC) has failed to sustainably remain above the $80,000 level. The on-chain data analytics platform CryptoQuant highlighted two key indicators explaining why Bitcoin’s price increases haven’t been sustainable. Bitcoin briefly rose above $81,000 on November 4th but subsequently fell back to around $75,000. According to CryptoQuant, the fundamental problem behind […]
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