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Image Credit: Cryptoslate

Bitcoin pullback mirrors 2020 reversal 250 days post-halving, it then rose 140%

  • Bitcoin has retraced around 13% over the past 48 hours from an all-time high of $108,600 to $94,700.
  • Historical charts show a climb followed by a brief reversal approximately 250 days after the May 2020 halving.
  • Following the retracement, Bitcoin increased by 140% over the next 290 days.
  • Market participants are monitoring liquidity flows and network activity to interpret bullish signals.

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