Bitcoin Falls Below $70K as Short-Term Sell Pressure Mounts, Is Capitulation Imminent?
Following a three-day streak above $70K, Bitcoin (BTC) has fallen below this resistance level, trading at $68,131 (down 3. 96% in 24) at the time of writing. Blockchain analytics firm CryptoQuant shows that Bitcoin selling pressure among short-term holders (STHs), or people who hold BTC for less than 155 days, has recently spiked. In the last …
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