Could Bitcoin Be Headed for Another Price Decline

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Bitcoin’s failure to breach the $73,808 all-time high could be an early sign that a price reversal is beginning.

Bitcoin’s price rallied more than 10% between Oct. 26 and Oct. 29 to reach $73,600, just 0.2% below the $73,800 all-time high. Currently, Bitcoin price has retraced to $72,300, with several technical and onchain indicators raising concerns about the strength of the recent rally.


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