Bitcoin [BTC] Sees Exhausted Sell Pressure and Whale Accumulation Despite Bearish Market Sentiment
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Bitcoin [BTC] has faced significant volatility, especially after plummeting from the $69k-$70k resistance zone. Long-term holders are showing a trend of reduced active sales, hinting at a possible exhaustion of selling pressure. Despite the overall bearish market sentiment, whale accumulation of Bitcoin suggests confidence among large investors, pointing towards potential future price stability.
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