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Gold Finance reported that 10x Research posted on social media that when Bitcoin undergoes a triangular consolidation, investors should be aware of potential false price falls, and the relative strength of Bitcoin has fallen back to a low of 40% in this correction, which is quite similar to Bitcoin's three corrections since the beginning of 2023.
10x Research said the agency is redrawing its bull-bear demarcation price line, which may change its previous view. The dividing line that turned falling was $68,300.