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Bitcoin (BTCUSD) Tumbles After 14% Drop; $112K-$116K Resistance Hinders Rally | Cointelegraph | Login to see the signal | |
Bitcoin’s ‘euphoric phase’ cools as $112K becomes key BTC price levelSummaryBitcoin fell 14% from its $124.5k peak to $107.4k, cooling euphoric on-chain metrics. Stiff resistance at $111.7k–$115.5k and $114k–$116k must be cleared to resume the uptrend; failure risks further short-term downside. |
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