Bitcoin beats stocks as Strategy's STRC hints at $776M BTC buying potential
BTC faces bull trap risks due to the formation of a bear flag pattern, with a measured downside target at around $51,000.
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BTC faces bull trap risks due to the formation of a bear flag pattern, with a measured downside target at around $51,000.
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"Even after the recent price rally, fundamental and technical indicators still point to a bear market environment," said CryptoQuant.
BTC surged nearly 12% from Saturday's lows before stalling, with Asia's benchmark equities index headed for its worst week since March 2020.
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