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BTC price four-year trend calls for $76K as analysis says Bitcoin 'not broken'

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 4 Views

Bitcoin research said that BTC price action remained in tune with previous cycles as the bear market produces a 20% discount to its four-year "adoption structure" trend line.

Bitcoin (BTC) is “compressed” at low levels but its classic cycles remain intact, say new research.

Key points:

Bitcoin is acting just like in prior cycles as it circles a key four-year trend line.

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