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Bitcoin parabola breakdown raises chance for 80% correction: Veteran trader

The Bitcoin parabola broke, leading some analysts to predict an 80% drawdown in BTC price. Will growing demand from traditional finance and strategic crypto reserves nullify all bearish predictions?

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

Bitcoin parabola breakdown raises chance for 80% correction: Veteran trader

The Bitcoin parabola broke, leading some analysts to predict an 80% drawdown in BTC price. Will growing demand from traditional finance and strategic crypto reserves nullify all bearish predictions?

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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