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Bitcoin (BTC) Whale Trade Suggests Recovery From $40k, Here’s Why

Source photo Unsplash.com

Bitcoin (BTC) has dropped precipitously from its 2022 highs and is presently trapped in a trading pattern that has persisted for the most of the year. However, the token’s comparatively low price attracts dip buying by long-term traders with substantial holdings.

BTC is now selling at approximately $40,000 and has lost roughly 11% in the last seven…

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Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com , Email  — gaurav@coincodecap.com

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