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20 USDT
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Trending Topics
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#Will ETH see a strong rebound in May?
When Will the Rise in Bitcoin Begin: Analyst Says Time Remaining!
Popular cryptocurrency analyst Ali Martinez examined Bitcoin (BTC) halving cycles and explained when the market could break out of this consolidated structure.
In his post on April 30, Ali Martinez included the halving cycle of Bitcoin and how long the consolidated structure may last.
He emphasized that Bitcoin consolidated 189 days during the halving period in 2016 and 87 days during the halving period in 2020, followed by the bull.
In the current cycle, Bitcoin has had a consolidated structure for 60 days, including pre- and post-halving, the veteran said, implying that the consolidated structure could continue at least for a while.
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