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Bitcoin (BTCUSD) Tumbles Retesting Key Support as Bearish Shorts Surge Since August

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The Story

News Summary

  • Bitcoin rallied nearly 9% mid-February but is now retesting key support amid rising bearish sentiment and historically high short positioning since August 2024.
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Stored market data

BTCUSD price history

75624.28 +12.88% over the displayed period

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