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  • one year ago
  • Source CryptoSlate

Bitcoin holds steady near $100,000 as selling pressure is absorbed

Summary

Bitcoin's market dynamics are fluctuating around the $100,000 mark, with the cryptocurrency unable to establish this level as firm support or resistance. Prices consistently rebound even when dipping below $100,000, indicating market strength. Declining exchange reserves suggest long-term confidence, contrasting with short-term surges in netflows back to exchanges.

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