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Home»Market»Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
Market

Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally

August 27, 20243 Comments1 Min Read
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“Altcoin investors need to keep the faith. It’s tough out there, but the underperformance of alts vs. bitcoin has been difficult,” Charlie Morris, founder of ByteTree, wrote in the report. “The good news is that positioning is light, and so when the good times return, there is the potential for yet another strong altcoin rally.”

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See also  U.S. SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
62K Bitcoin Consolidation Drags Eye Parabolic rally Slides traders
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