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Bitcoin may peak in 2022-2023, but it can still go wrong

We are currently part of an unusual Bitcoin rally. Unlike Ethereum, Bitcoin hasn’t surpassed its highs from 2019. It hasn’t even come close, to be fair. However, many in the community remain bullish about Bitcoin only because it is not dropping from its yearly-high levels. As simple as that. At press time, the world’s largest cryptocurrency was trading at a price of $11,896. Source: Coinstats Now, in the past, such credentials have rarely mattered for many times, we have witnessed a stark decline when Bitcoin has consolidated at a range for more than 48 hours. However, the present bully cycle…

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