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Bitcoin Cointelegraph

Bitcoin is 40%+ down from its ATH, but on-chain analysts say it's ‘starting to bottom out’

Analysts say BTC’s weakness is exacerbated by institutional investors exiting futures markets, but on-chain data hints that Bitcoin is in an early bottoming process.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin is 40%+ down from its ATH, but on-chain analysts say it's ‘starting to bottom out’

Analysts say BTC’s weakness is exacerbated by institutional investors exiting futures markets, but on-chain data hints that Bitcoin is in an early bottoming process.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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