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Bitcoin’s Recovery Faces a Reality Check: Cycle Conditions Remain Subdued

By Chayanika Deka

Bitcoin was rejected at $80,000 again, and subdued cycle indicators suggest investors shouldn't mistake the latest recovery for a lasting reversal.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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