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November 20, 2024

Bitcoin on the Brink of a Major Bullish Crossover

Recent on-chain data indicates that Bitcoin’s Puell Multiple is nearing a significant crossover. Historically, this crossover has been bullish for BTC’s price movements. Analysts mark the potential crossing of the 365-day moving average as a key event in Bitcoin’s price trajectory. This could signal a new bullish phase for cryptocurrency enthusiasts.

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