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History Suggests Bitcoin is Currently in Early Stages of Next Bull Run

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After briefly incurring a significant influx of buying pressure, Bitcoin (BTC) has once again lost its momentum and is now nearing its key psychological support level at $10,000, which has proven to be a strong support level for the cryptocurrency in recent times.

In spite of this currently bearish price action, one analyst is noting that history suggests that Bitcoin may currently be in the early stages of the next massive bull run, which may mean that its current bearishness will ultimately prove to be fleeting.

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