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news-imageAugust 13, 2024

SATS recovers 104%, but double top formation threatens steep correction

The latest Ordinals rebound leads to the potential formation of a bearish double top, a pattern that could signal the start of a steep retracement journey for the cryptocurrency.
Publisher: Crypto news
Sentiment: Negative
1000SATS

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cover-imageCrypto Economy
April 18, 2024

BRC-20 Tokens ORDI and SATS Rebound After 40% Plunge but Traders Turn to Bitcoin Runes

TL;DR BRC-20 Tokens Experience Sharp Drop Ahead of Halving. Investor interest shifts towards Bitcoin Runes, with possible major correction. Mixed outlook for Runes after BTC halving. The cryptocurrency market is experiencing significant moves as investors adjust their strategies amid anticipation of the Bitcoin halving and the emergence of new opportunities.

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