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Bitcoin repeats bull market pattern at top, Fefe Demeny indicates

Bitcoin repeats bull market pattern at top, Fefe Demeny indicates
Bitcoin pattern signals top, downtrend

Fefe Demeny signals that Bitcoin may have reached its top once again, based on a recurring pattern previously identified at the market peak in October.

Demeny highlights that the same signals are present, with a downtrend continuation now expected toward $60K.

Demeny recently questioned claims about the history of bitcoin mining made at a recent conference. He has also drawn attention to the record-setting performance of the S&P 500 and large cash positions among major investors. These comments come alongside ongoing analysis of bitcoin market signals.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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