In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin’s year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]
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Bitcoin’s demand backdrop has weakened sharply, according to CryptoQuant analyst Darkfost, who said an on-chain…
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Bitcoin price started a recovery wave above the $76,500 zone. BTC is consolidating and might…