
Bitcoin price today: $86,000
- Bitcoin corrects after reaching a new all-time high above $89,900 on Tuesday.
- Technical indicators suggest the ongoing rally is overstretched and could have a corrective pullback in BTC.
- On-chain data further supports a healthy correction as some holders realize profits at tops and leverage rises to a yearly high.
Bitcoin (BTC) hit a new all-time high (ATH) of $89,900 on Tuesday before easing to around $86,000, following a 30% surge since November 5. Technical indicators suggest the rally may be overstretched, with a potential corrective pullback ahead. On-chain data also supports this outlook, as
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