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December 11, 2024

Is Bitcoin on the Brink of a Major Correction? Gold Fractal Signals Trouble

Bitcoin’s recent performance against gold has raised eyebrows among analysts. Current resistance levels echo patterns observed during the near-bearish phases of 2018-2019 and 2021-2022. These historical comparisons prompt speculation about the possibility of a significant price correction looming for Bitcoin. Traders are advised to closely monitor market dynamics and historical patterns. Understanding these trends could offer insights into future market performance and inform trading strategies, particularly as Bitcoin navigates its current market conditions.

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