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Benzinga
Benzinga
Business
Khyathi Dalal

Bitcoin Enters Historically Weak Q3 With Mixed Feelings: Report

Bitcoin,On,Red,Down,Trend,Arrow.

Bitcoin (CRYPTO: BTC) has remained range-bound since early May, and analysts expect this trend to persist in the upcoming quarter.

What Happened: Bitfinex highlighted in its latest Bitfinex Alpha report that Bitcoin is consolidating between $100,000 and $110,000, following a 50% rally from April lows near $74,634.

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