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The world's oldest and biggest cryptocurrency is coming off the back of its 6th weekly loss from the past seven.
Barring a dramatic turnaround, Bitcoin is also just days away from sealing its biggest monthly drop since June 2022!
Despite rebounding to the $88k mark on Monday, markets remain wary, more inclined to fade than chase any rebound. After all, BTC has posted multiple "dead cat bounces" amid its stunning drop since early October.
However, the Bitcoin Volmex Implied Volatility 30 Day Index has come off last week's spike to 65, which matched levels last seen during the: