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CryptoQuant: Bitcoin breaks below key support level, may trigger 8%-12% price correction
Odaily Planet Daily News Analysts at CryptoQuant stated that the price of Bitcoin has fallen below the on-chain realized price of 65,800 US dollars, which is a key support level in the bull run. With Bitcoin breaking through the key price support level, it may indicate a 8%-12% pullback and potentially lead to a fall to 60,000 US dollars.