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Bitcoin can fall below $58K if one of its 'cleanest' metrics copies history: Analysis
Bitcoin's price could fall below $58K if the NUPL metric follows historical patterns, as data suggests BTC needs to create new cycle lows to maintain those patterns.
Mentioned
Related Signal
Adjacent reporting
- Bitcoin could crash to $48,000, if this historical pattern is triggered
- Bitcoin price has limited downside, likely near bottom, contrarian indicator suggests
- Bitcoin hits Power Law level low that historically precedes a rebound
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