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The worth of Bitcoin is almost 45% away from its all-time excessive of $126,080, reflecting a worsening market local weather over the previous few months. One of many indicators that confirmed the emergence of the bear market was the breach of the 365-day shifting common to the draw back late final yr. Utilizing this metric, a distinguished crypto researcher has come ahead with an analysis that exhibits how the present Bitcoin bear market compares to the previous ones.
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