Bitcoin's Rebound Isn't as Strong as It Seems: Watch These Warning Signs
Bitcoin
Bitcoin (CRYPTO: BTC) may not be as strong as it looks at first glance, according to a new Binance Research report published Monday. Bitcoin's Drawdown Looks Smaller but It Isn't Binance Research analysts Kim Lim, Ken Lam and Kexin Liu wrote that Bitcoin's current drawdown of 54.2% looks much milder than the 86.9%, 84.1% and 77.6% declines in the three prior bear markets.
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