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🚨 BREAKING: Bitcoin’s $42 Billion Exodus Sparks ‘IPO Moment’ Reshuffle – What’s Next for OGs and L
Bitcoin’s $42 billion exodus triggering an ‘IPO Moment’ reshuffle presents a unique market dynamic: OG and LTH selling pressures may widen
Key takeaways:
– Analyst predicts Bitcoin price range to widen due to OG and LTH selling pressure 📈
– Market shows slight bullish bias through November, with caution towards year-end 📉
Bitcoin’s recent disconnection from Nasdaq and gold adds complexity to price predictions. In October, while gold and Nasdaq surged, BTC declined. This divergence challenges analysis 🔄
BTC undergoes potential consolidation phase post-OG distribution. Analysts compare it to IPO moments, expecting a 6-18 month period. Options flows suggest bullish trends in November with cautious tones in December 📊
Bitcoin’s $42 Billion Exodus Sparks ‘IPO Moment’ Reshuffle – What’s Next?
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