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Bitcoin Faces Resistance Near $80,000 as Profit-Taking Stifles Rally

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

News Summary

  • Bitcoin struggles to hold above $80,000 as long-term and short-term holders realize profits with all cohorts now in the green.
  • Concurrently, a persistently negative Coinbase premium points to subdued US spot demand, dampening immediate upward momentum.
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BTCUSD price history

75528.71 +14.89% over the displayed period

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