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Bitcoin (BTCUSD) Pulls Back After Resistance Fail, Sparks $150M Long Liquidations

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The Story

News Summary

  • Bitcoin failed multiple attempts to break $94,500 resistance, triggering profit-taking and long liquidations totaling over $150 million.
  • Market sentiment remains neutral amid absent catalysts and upcoming US economic data, leading to short-term downside pressure and increased volatility risks.
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Stored market data

BTCUSD price history

76948.61 +14.86% over the displayed period

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