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Analysis: Although Bitcoin may fall further, it does not mean the market is over.

PANews, November 4 news, Matrixport analysis points out that the Bitcoin price is currently close to the 21-week moving average, a metric that has shown reference value in multiple cycles in the past. Analyst Markus Thielen stated that although there may be a possibility of further declines in the current trend, it does not mean that the market is over. This serves as a reminder for investors that rather than being disturbed by short-term market fluctuations, it is better to refer to time-tested indicators as a stable basis for decision-making.

BTC0.47%
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