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BTC Price Stabilizes at $86,000, On-Chain Data Points to Cycle Reversal

Source: cointelegraph.com
BTC price consolidates at high levels and holds steady at $86,000, while WTI crude oil drops to a nearly three-week low. On-chain data shows the MVRV ratio has crossed above the 365-day moving average, with some indicators suggesting the current bear market is nearing its end.

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