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Bitcoin Demand Trend Weakens Amid Market Cool-Off

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BTC
$88,249.600.02%
Bitcoin’s bullish trend has weakened since October, with spot demand falling below the previous upward trajectory. The third major wave of buying pressure that fueled the bullish trend is now fading, pointing to a possible bearish trend. Analysts say the bearish trend could continue unless new catalysts like institutional interest or regulatory updates emerge.
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