Why do my friend not want to hangout with me anymore?

We have been friends many years but now these past months suddenly she don’t want to hangout she’s always “busy” with her job but I am busy too but I want to make time for her. I texted her that I missed her and she said she missed me too but I don’t feel that way. She always reject me when I ask if she want to hangout and post pictures when hangout with other friends doing the activity that I suggest.

Should I cut her off?
Why do my friend not want to hangout with me anymore?
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