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Bitcoin Whales Dump as Long Squeeze Threatens Rally Below $80K

Beincrypto Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin faces selling pressure as whales offload coins onto exchanges while US institutions stay sidelined.
  • With retail traders heavily leveraged and key resistance holding firm between $77,100 and $80,200, analysts warn the market is vulnerable to an imminent long squeeze.
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BTCUSD price history

75671.20 +15.11% over the displayed period

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