CryptoQuant: Bitcoin breaks below key support level, could trigger 8%-12% price correction
By:Cointime
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CryptoQuant analysts state that the price of Bitcoin has fallen below the on-chain realized price of $65,800, which is a key support level for the bull market. With Bitcoin breaking below this crucial support level, it may indicate a potential 8%-12% pullback and could result in the price falling towards $60,000.
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Bitcoin
BTC
$77,870.84
+1.53%
Ethereum
ETH
$2,521.32
+1.62%
Tether USDt
USDT
$0.9996
-0.01%
BNB
BNB
$723.19
+1.06%
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XRP
$1.39
+3.57%
USDC
USDC
$0.9998
-0.00%
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SOL
$101.53
+1.80%
TRON
TRX
$0.3402
+0.06%
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HYPE
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+1.80%
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$1,135.6
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