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Bitcoin (BTCUSD) Consolidates Below $98,400 as Supply Overhang Caps Rally

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The Story

News Summary

  • Bitcoin faces resistance near $98,400 due to supply overhang from short-term holders, causing current price consolidation around $89,100 with sell pressure limiting breakout above $100,000.
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Stored market data

BTCUSD price history

75867.01 +13.24% over the displayed period

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