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Bitcoin (BTCUSD) Gains Strong Buy Momentum After Controlled Profit-Taking Above $120K

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

News Summary

  • Bitcoin’s buying momentum has surged since July, with net taker volume shifting from bearish to neutral.
  • Controlled profit-taking above $120,000 suggests a healthy consolidation, supported by institutional and whale participation, setting the stage for a likely price rebound.
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BTCUSD price history

76253.88 +10.87% over the displayed period

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