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Cointelegraphcointelegraph.com

BTC price bottom not due until Q4? Five things to know in Bitcoin this week (opens original article in a new tab)

TL;DR

Bitcoin's price remains under pressure with traders expecting further declines before a potential bottom in Q4, amid macroeconomic uncertainties and geopolitical tensions.

  • Bitcoin price faces continued downward pressure with a potential bottom expected in Q4.
  • US inflation data and US-Iran war tensions add to market volatility.
  • Onchain indicators suggest reduced sell pressure and possible market stabilization.

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