The Wyckoff pattern, a popular technical analysis tool, indicates that Bitcoin's current bull run may be nearing its end. Analysts suggest that if Bitcoin's price falls below $94,000, which is the cost basis for holders of 6 to 12 months, the next significant support level could be $86,000. This pattern is closely watched by traders for its historical accuracy in predicting market trends.
Wyckoff Pattern Suggests Potential End to Bitcoin Bull Run
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