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Bitcoin Price In Trouble? Bearish Divergence That Led To Market Crash Last Cycle Returns

Bitcoin Price In Trouble? Bearish Divergence That Led To Market Crash Last Cycle Returns
Crypto analyst Kevin Capital has identified a bearish pattern in the Bitcoin market that has historically led to a market crash. However, other analysts, including Titan of Crypto and CobraVanguard, have provided more optimistic outlooks, suggesting that BTC's mark-up phase is beginning and that it could rally to as high as $117,000 and $123,000 respectively. The January monthly close also provided a bullish outlook, with crypto analyst Mikybull Crypto noting that the good monthly close invalidated a shooting star candle and BTC could rally to $144,129. Overall, there is both concern and optimism surrounding the future of the Bitcoin price.

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