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Bitcoin Could Crash to $35,700 Despite Massive Whale Purchases for This Reason

  • Bitcoin (BTC) traded mostly flat over the weekend, following a strong week where its price briefly climbed above $69,000 on Friday.
  • Market analysts remain divided on Bitcoin's future direction, with some expressing concern about its price action and potential pullback to $35,720.
  • Contrasting views exist, with an analyst predicting a potential surge to $78,000 after some short-term volatility.
  • Significant whale activity and institutional interest, including BlackRock's Bitcoin ETF, indicate solid interest despite the price uncertainty.

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