Optimism price, unlike the rest of the market, did not note any recovery in the past couple of days and has instead been stuck in a downtrend for the
entire two months of August and September. Interestingly, this price action did not induce any bearishness in the investors’ behavior but did make it slightly difficult to note a recovery.While it is true that the crypto market tends to be arbitrary in its movement, the case with Bitcoin is slightly different. The first cryptocurrency in the world happens to have a pattern that has proved true despite the challenges from external factors.
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Optimism price has been in a downtrend since the beginning of August, with no recovery noted recently. Whale addresses in the same duration have seen a significant increase in their OP holdings.Bitcoin price will likely hit $22,800 before 2024 should it follow its nine-year pattern
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