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25 September, 2024

Bitcoin Price Stuck in Consolidation: Is It Time to Worry?

25 September, 2024

The recent price stagnation in Bitcoin has left many investors questioning the future of the cryptocurrency. A significant drop in capital inflows over the past six months is a major contributing factor to this consolidation phase.

While some see this as a period of healthy correction, others are concerned about the lack of momentum. 

In this blog post, we’ll delve into the reasons behind Bitcoin’s consolidation, exploring the impact of reduced capital inflows, and the potential implications for the future of the market.