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Posted by
Two Blokes Tue at 5:45 PM -
Filed in
Crypto
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Bitcoin's (CRYPTO: BTC) surge above $104,000 has pushed the market into a "high-risk, high-reward" zone, with a structure that mirrors previous bull rallies, according to Glassnode's report on Tuesday. What Happened: The report suggests that while profit-taking incentives are rising sharply, the rally could sustain momentum if demand from new participants continues to grow.
