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Bitcoin risks slump after hitting ‘major bear market resistance’: CryptoQuant

Bitcoin risks slump after hitting ‘major bear market resistance’: CryptoQuant

2026-05-14

Bitcoin risks slump after hitting ‘major bear market resistance’: CryptoQuant

Bitcoin’s rally may reverse as its price has hit a historic resistance level and traders appear to already be taking profits, said CryptoQuant in a note on Wednesday.

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