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Crypto

BTC Price Rejected at Point of Control for Second Time: Altseason on the Horizon?

Guavy AI Editorial Team
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BTC
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The price of Bitcoin (BTC) has been rejected at its point of control for the second time, sparking concerns about another potential crash. This pattern is eerily similar to what happened in June when a -13% crash occurred.

A popular crypto expert and analyst pointed out that if $67,000 is the top price for Bitcoin for the rest of the summer, then the upcoming crash could be even worse than the February crash.

Meanwhile, Bitcoin Dominance is preparing to fall, which some analysts see as a sign that altcoin prices are about to surge. Several altcoin assets are already showing strong bullish signals on their price charts.

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