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2023-09-22 14:04:00

Bitcoin Pressures Bears As UTXO In Profit Hits 1-Month High! Is The BTC Price Poised For A Reversal?

The post Bitcoin Pressures Bears As UTXO In Profit Hits 1-Month High! Is The BTC Price Poised For A Reversal? appeared first on Coinpedia Fintech News Bitcoin’s price failed to meet buyers’ demand in recent hours as it dropped heavily below the resistance level of $27,000. At present, the market leans bearish, with whale investors shifting to a selling sentiment and a decrease in open interest from traders. Yet, despite this sell-off trend, some crucial on-chain metrics hint at a potential …

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