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BTCUSD Slumps to February Lows as Long-Term Holders Capitulate

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The Story

News Summary

  • Bitcoin fell to $61,500 amid heavy liquidations and institutional outflows from spot ETFs.
  • While recent price action shows intense selling pressure, market analysts suggest long-term holder capitulation and oversold momentum indicators may signal the late stages of this downtrend rather than a fresh bearish cycle.
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BTCUSD price history

75723.89 +15.19% over the displayed period

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