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The Bitcoin Bear Market May Have Already Started, Signal Shows

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Is the Bitcoin bear market already starting to rear its head? One new piece of market data suggests this could be the case.

Furthermore, brett_eth noted that 4 consecutive red weekly candle events have occurred in bull markets before. In fact, two of those instances occurred right after previousEven if substantial pullbacks are normal for a bull market, many are still surprised that Bitcoin sell pressure has spread to the newly launched Bitcoin spot ETFs.

 

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