Bitcoin Price Analysis: Supply Still Outweighing Demand as Prices Dip87.21

Over the last two weeks, bitcoin saw its longest streak of red days since 2014. The volume was modest and expansive on the drop as the price managed to lose 25% in value in just 10 days. At the time of this article, the market is testing the strength of the support near the bottom of the macro trading range (TR):

Figure 1: BTC-USD, 1-Day Candles, Macro Trading Range

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