Key takeaways:
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Bitcoin’s drop below its MVRV Mean band puts $75,700 as the next major downside target.
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BTC whales are accelerating their purchases as Wall Street analysts predict a 40% price rebound by year-end.
Bitcoin (BTC) may be preparing for a deeper decline after breaking below a crucial long-term support level that has helped stabilize its price since 2023.
Bitcoin price could plunge to $75,700
The BTC support stemmed from the MVRV Extreme Deviation Bands, a set of lines that indicate…
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