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VanEck: Bitcoin's October Pullback Represents Mid-Cycle Adjustment, Not Bearish Signal

Summary: Asset management company VanEck stated that the pullback in Bitcoin prices in October is a normal mid-cycle adjustment, not the start of a new bear market. VanEck noted that leverage levels in the market have returned to normal, on-chain activity continues to rise, and liquidity is still driving this cycle forward. (Cointelegraph)

Asset management company VanEck stated that the pullback in Bitcoin prices in October is a normal mid-cycle adjustment, not the start of a new bear market. VanEck noted that leverage levels in the market have returned to normal, on-chain activity continues to rise, and liquidity is still driving this cycle forward. (Cointelegraph)

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Link: VanEck: Bitcoin's October Pullback Represents Mid-Cycle Adjustment, Not Bearish Signal [Copy]

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