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CoinGape

CoinGape

Three reasons why Bitcoin crash could end soon: technicals, short-term holder behavior, and whale accumulation

CoinGape
Summary
Nutrition label

57% Informative

Bitcoin price today trades at $ 94,650 after dropping 12% from its all-time high ( ATH ) of $ 108,421 .

Three reasons suggest that the Bitcoin price crash could be coming to an end: technicals, short-term holder behavior, and whale accumulation.

Bitcoin whales have accumulated 10,000 BTC between December 19 and 22 , indicating a potential buying opportunity.

The value area low of $ 90.9k is a strong support level.

VR Score

40

Informative language

31

Neutral language

63

Article tone

formal

Language

English

Language complexity

31

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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