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via Decrypt · By Decrypt Editorial
This is Bitcoin's Shallowest Bear Market—But is the Bottom In?
BTC
BTC/USDT
$63,677.99
+1.27%
$63,677.99
+1.27%
(24s)24h Volume
$10,034,843,504.14
24h H/L
$63,999.00 / $62,436.59
Change: $1,562.41 (2.50%)
Long/Short
60.8%
Long: 60.8%Short: 39.2%
Funding Rate
+0.0052%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(12:06 PM UTC)
1 min read
1092 views
0 commentsIn brief
- Bitcoin's 50% drawdown from its $126,000 all-time high is its shallowest to date, compared to 2012’s 90% correction.
- Analysts point to ETF outflows and macro tightening as signs the bear market isn't over.
- $60,000 and $55,000 to $45,000 are key levels to watch if selling pressure continues, Decrypt was told.
Bitcoin’s price action has been down-only in June, dropping double-digits as…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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