Bitcoin finds itself in a tug-of-war between bullish and bearish sentiments, teetering around the crucial $40K mark. Analyst Ali’s Bitcoin Sentiment Cycle suggests that the current 20% correction in BTC aligns with historical patterns, often preceding a temporary setback before a resumption of the uptrend. The crypto landscape echoes with the clash of bulls and bears, with Bitcoin whales offloading approximately 70,000 BTC in the past fortnight, totaling a substantial $3 billion. #Bitcoin whales have sold around 70,000 $BTC over the past two weeks, worth around $3 billion! pic.twitter.com/1yaeIrmkRc — Ali (@ali_charts) January 23, 2024 BitMEX founder Arthur Hayes anticipates
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