June 9, 2025

Analyst Predicts Bitcoin (BTC) Rally After Deeper Market Drawdown

1 min read

Bitcoin analysts predict a potential downturn that might subsequently ignite a significant rally to new highs. Recently, on-chain data indicates a strong reduction in sell-side pressure since April, when Bitcoin was traded near its peak values. Despite reduced sell-offs, the lack of new demand is presenting challenges for Bitcoin in maintaining an upward trajectory. Bitcoin’s

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Source: CoinOtag

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