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🚨 bitcoin at $122K then dips to $119K?! Analysts sweating over Binance’s volume dominance 📉🔍
wait is bitcoin dumping or just taking a nap before the next 🚀?! could it hit $122k again or are we all just dreaming
Just taking a nap😂 will be up soon🚀🚀
The recent Bitcoin price drop from $122,000 to $119,053 prompts questions about the rally’s sustainability. Analysts focus on Binance’s
The recent Bitcoin rally hit $122,000 before a decline. BTC now trades at around $119,053, correcting after a strong week. Analysts monitor market signals, focusing on Binance’s volume share. The exchange’s dominance during ATHs offers context on Bitcoin’s performance. Analysis compares volume distribution across exchanges to gauge market participation.
Bitcoin’s historical ATHs show high global volumes, with Binance leading. The lack of market volume growth during recent ATHs raises concerns about sustaining higher prices. The market’s interpretation of CDD metrics is complex due to changing market conditions and investment strategies. Current data suggest a gradual market progression, potentially promoting stable long-term growth.
https://altcoin.observer/bitcoin-fell-to-122000-the-rally-loses-steam-or-does-it-stop/
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