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Bitcoin Eyes $83K Bull Market Confirmation Amid Short-Term Profit Taking

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

News Summary

  • Bitcoin has entered an early bull market phase following a 25% rally and surging Bull Score metrics.
  • However, strong resistance near the $83,000 365-day moving average and rising exchange inflows suggest potential short-term profit-taking before full confirmation.
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BTCUSD price history

76811.37 +13.87% over the displayed period

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