In a significant market movement, Bitcoin has fallen below the $43,000 threshold, reflecting a broader crypto market cooldown. Despite this dip, Bitcoin exhibits lower volatility and strong market hold. Key indicators like the RSI and whale activity suggest potential shifts, while an increase in open interest and a surge in miners’ revenue paint a complex picture of the current crypto landscape. This article delves into these dynamics, offering insights into Bitcoin’s market behavior and future price predictions.
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