Bitcoin price

Bitcoin (BTC) price rally prompts 90% profit-taking as risk of lock-in at $58,000

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Bitcoin (BTC) price rally prompts 90% profit-taking as risk of lock-in at ,000

BTC’s recent recovery may be hiding a dangerous signal. Bitcoin price rose nearly 9% between February 12 and February 15, giving the impression that the worst of the correction is over. But the comeback is already faltering. Now, leverage data, momentum signals, and chain profit trends suggest that the bounce may have increased the risk … Read more

Will Bitcoin become “worthless”? Bearish outlook grows amid market downturn

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Will Bitcoin become “worthless”? Bearish outlook grows amid market downturn

Key recommendations Bearish sentiment is intensifying as critics question Bitcoin’s fundamental value. Chain and technical signals point to increased downside risk. Bulls argue that fundamentals remain intact despite near-term weakness. Bitcoin’s dramatic drop in price has sparked bullish predictions about its long-term value, as some of its harshest critics warn it could soon become “worthless.” … Read more