Bitcoin Demand Weakens as BTC Price Risks Prolonged Consolidation
Demand for Bitcoin (BTC) has decreased sharply over the last few days as the price ran into overhead resistance above $80,000. Analysts say BTC’s inability to hold key support levels may be paving the way for a prolonged consolidation. Key takeaways: Bitcoin’s apparent demand fell to -3,138 BTC, its lowest level in four months. Weak...
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