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Analysts: BTC is approaching the "peak opportunity" area


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Golden Finance reports that BTC is approaching a "very favorable risk-reward price area" according to crypto analyst Rekt Capital on social media, who believes "BTC will be different in this cycle as its price has recently been hovering below its 200-week moving average (MA), a bottoming indicator that could face sell-side exhaustion. BTC is reaching historically oversold levels, and this extreme oversoldness will coincide with investment opportunities."

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