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Bitcoin Gearing Up for New Price Discovery Uptrend Amid Successful Retest of Critical Support Level: Crypto Analyst

2025-07-04 04:35:06

Description

Widely followed crypto analyst Rekt Capital says that Bitcoin ( BTC ) looks bullish after successfully retesting a strong support level. The pseudonymous analyst tells his 548,000 followers on the social media platform X that Bitcoin is attempting to move into a “price discovery uptrend.” Price discovery often refers to a process when the price of an asset moves to uncharted territory, forcing buyers and sellers to seek agreement on value. Says Rekt Capital, “Bitcoin Price Discovery Roadmap: Bit...

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