Bitcoin Dips into Key Buy Zone as Whales Accumulate Amid Market Downturn
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Bitcoin experienced significant sell pressure on Friday. This situation was made worse by unfavorable economic statistics that impacted market sentiment. The cryptocurrency has been on a consistent downtrend, largely affected by various economic indicators.
Amid this market downturn, large holders known as 'whales' have started accumulating Bitcoin as it dips into a key buy zone. This could potentially indicate a future bounce-back or increased confidence among major investors.
Source: en.coinotag.com ↗
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