10x Research: Has the slight Bitcoin correction ended? The market is once again anticipating a bull run
According to 10x Research, since March, many cryptocurrency bull market supporters have been optimistic about the continuous rise. However, technical indicators show that the market has overheated. At present, due to massive sell-offs by early adopters (OGs) and large token holders, the market has gone through a necessary adjustment period. Analysts point out that this pullback may be temporary and as the market digests the impact of overbuying, Bitcoin and mainstream cryptocurrencies could soon regain upward momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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