Bitcoin risks new 'purge' with bear-market losses still $35B below 2022 total
Hex37's read
- Bitcoin realized losses are below 2022's $211B total.
- This suggests the bear market bottom may not have been reached.
- Further price drops are possible for Bitcoin.
What it means for traders
- Traders should consider potential downside risk for BTC.
- Bearish sentiment may continue, impacting BTC price action.
Affected markets
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