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Bitcoin’s 81-Day Standoff: Breakout Incoming? | Bitfinex Alpha No.142
6 months ago
323
Bitcoin has been stuck in an 81-day consolidation within a $912M range, with volatility at historic lows. As macro uncertainty and geopolitical tensions weigh on sentiment, the market remains in limbo.
📉 Altcoins are bleeding—meme coins like Pepe down 46.4% in the past month, while OM, LTC, and Hype are among the few holding up.
📊 Market signals turning bearish? Bitcoin’s in-exchange flow pulse suggests a weakened risk appetite, a possible sign of upcoming downside pressure.
⏳ Time running out? History suggests 81-day consolidations tend to resolve within 90 days, meaning a breakout—up or down—could be imminent.
Will Bitcoin hold the line or break free? Let us know your thoughts in the comments! 👇
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