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The previous week was quite interesting for Bitcoin as it recovered the $88,000 mark but faced significant resistance at this level, leading to a pullback near $81,000. During this movement, BTC saw notable selling pressure from investors who sold their holdings at a loss.
Persistent Negative Bitcoin Short-Term Holder SOPR
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Bitcoin’s bearish pressure is intensifying as it struggles within the $83,000 and $82,500 price range after a drop from the $88,000 level. Thus far, Short-term holders seem to be taking the ongoing volatility in the market harder than long-term holders.
A recent research shared by on-chain and technical expert Darkfost on X (formerly Twitter) has outlined a persistent trend among short-term
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