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Glassnode flags extended sell-side pressure ahead – TON BOT

Glassnode flags extended sell-side pressure ahead

Bitcoin’s price has dropped by around 28% this month, with Glassnode’s sub-1 realized profit/loss ratio indicating the potential for 5-6 more months of downward pressure. The historical data suggests that when this ratio falls below 1, Bitcoin’s price could continue to decline for an extended period.


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