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"Incredibly oversold after a 2x pump." Are they selling?
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tldr; Bitcoin is trading 66.4% lower than its all-time high on November 10, last year. Bitcoin has reached the lowest ever price vs. its 100-week moving average, according to Bloomberg Intelligence. Bitcoin and other cryptocurrencies are trading at an "extreme discount within an enduring bull market," Bloomberg Intelligence's McGlone said.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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