CryptoBearishNewsBTC · Mar 147/10
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Bitcoin Fails To Break $74,000 Resistance: Analyst Predicts ‘Structural Bottom’ Yet to Form
Bitcoin failed to break the $74,000 resistance level despite a 4% surge, with analyst Sunny Mom predicting further declines as the cryptocurrency has yet to form a structural bottom. On-chain data shows mid-term holders are underwater and long-term holders represent only 15% of realized cap, below the 20% threshold needed for sustainable support.
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