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Bitcoin (BTCUSD) Faces Increased Selling Pressure as Exchange Inflows Surge Near Key Resistance

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

News Summary

  • Bitcoin saw a surge in exchange inflows, signaling increased selling pressure and a potential deeper correction.
  • Despite signs of market stabilization, short-term holders face losses and resistance near $90,000, indicating bearish sentiment in the near term.
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Stored market data

BTCUSD price history

77606.95 +17.80% over the displayed period

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