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Bitcoin (BTCUSD) Faces Multi-Year Bear Market Risks Amidst Rising Inflation and Sell-Offs

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The Story

News Summary

  • Analyst Ki Young Ju of CryptoQuant warns Bitcoin could face a prolonged bear market until 2027 based on on-chain profitability models.
  • Mounting macroeconomic pressures, including rising US PCE inflation and geopolitical tensions, are further undermining investor sentiment, evidenced by heavy liquidations of long positions.
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BTCUSD price history

77096.45 +17.02% over the displayed period

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