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Cryptopotato
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Worrying Signs: Is Bitcoin Price About to Plunge Further?
- Bitcoin price has experienced sharp losses, falling below the $80,000 mark.
- Short-term holders (STHs) face increasing strain and potential market capitulation.
- The STH-SOPR indicator suggests STHs have not fully capitulated yet.
- Potential further declines are a concern if STHs sell off more aggressively.
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