Bitcoin ripe for 'major leg down' as BTC price nears $80K — Trader

Bitcoin is well into price discovery, but that is not stopping market participants from predicting a snap BTC price comedown.

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Bitcoin (BTC) is dividing opinion as a weekend BTC price surge takes BTC/USD to nearly $80,000.

BTC/USD 1-hour chart. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView shows Bitcoin gaining almost $2,000 in a single hourly candle on Nov. 10.

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