Bitcoin Falls to 4-Month Low, But Analysts Eye a Cycle Bottom

Bitcoin (BTC) dropped to roughly $61,500 in early Asian trading hours. This marked its lowest level since early February. Today’s sell-off wiped out more than $1 billion in leveraged positions across the crypto market in 24 hours.  The decline extended a slide that has erased 20% Bitcoin’s value over the past month. Yet several analysts
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