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Bitcoin price under pressure, slips below $92,000 as 'self-fulfilling prophecy' puts 4-year cycle in focus
Bitcoin (BTC-USD) remained under pressure on Monday, falling below $92,000 and bringing its losses from record highs in October to more than 26%. The drop is prompting questions about whether this remains a temporary correction or the beginning of another four-year cycle that led to a longer-term sell-off. The token has declined sharply since $19 billion in leveraged positions were liquidated last month, a move exacerbated by long-term holders taking profits. The current sell-off also coincides with the window in which bitcoin historically peaks, approximately between 400 and 600 days after its last halving event, ... (full story)
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