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Not $60,000: Analyst Reveals The Best Time To Actually Start Buying Bitcoin

Not $60,000: Analyst Reveals The Best Time To Actually Start Buying Bitcoin

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Bitcoin's crash over the weekend has brought the $60,000 level back into the market conversation, but crypto analyst Merlijn The Trader believes the real opportunity may come at a lower price. Technical analysis comparing the current Bitcoin structure with the 2022 Wyckoff accumulation phase shows that buying the current bounce would be a costly mistake because the real accumulation window has not even opened yet.

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The original article is written in English.