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Bitcoin (BTCUSD) Rallies as Whale Selling Diminishes and 200-Week Moving Average Holds

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The Story

News Summary

  • Bitcoin whale selling sharply declines, easing bearish pressure while accumulation rises.
  • BTC holds critical 200-week moving average support near $59,430, signaling potential for a rebound amid reduced short-term selling pressure.
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BTCUSD price history

77638.55 +15.89% over the displayed period

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