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Bitcoin Faces Bearish Reversal After Reclaiming $61k Amid Increased Selling Pressure Coinotag 2 months ago

Bitcoin Faces Bearish Reversal After Reclaiming $61k Amid Increased Selling Pressure 📉

Bitcoin (BTC) recently reached the $61k mark, indicating a promising surge for the cryptocurrency. However, this achievement was short-lived as the market experienced a swift price correction.

Increased selling pressure has been observed in the last 24 hours, heavily impacting BTC’s price dynamics and leading to concerns among investors.

Prominent analysts have weighed in on this development, highlighting the volatility and unpredictability of the cryptocurrency market.

Source: en.coinotag.com ↗

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Exploring Bitcoin’s Potential Breakout Above $70,000 Amid Market Uncertainties and Possible Pullbacks Coinotag 1 week ago
Exploring Bitcoin’s Potential Breakout Above $70,000 Amid Market Uncertainties and Possible Pullbacks
Bitcoin Tests $69,000 Resistance as Traders Anticipate Potential Breakout Amid Sell Wall Challenges Coinotag 2 days ago
Bitcoin Tests $69,000 Resistance as Traders Anticipate Potential Breakout Amid Sell Wall Challenges
Could Bitcoin Break the $67,400 Resistance? Insights and Predictions on Its Path Towards Potential New Heights Coinotag 2 weeks ago
Could Bitcoin Break the $67,400 Resistance? Insights and Predictions on Its Path Towards Potential New Heights
Bitcoin Price May Be Poised for Major Breakout Amid Growing Institutional Interest Coinotag 5 days ago
Bitcoin Price May Be Poised for Major Breakout Amid Growing Institutional Interest
Bitcoin [BTC] Eyes Critical $61,509 Resistance for Potential Breakout Amid Recent Recovery Coinotag 2 months ago
Bitcoin [BTC] Eyes Critical $61,509 Resistance for Potential Breakout Amid Recent Recovery
Bitcoin’s Current Struggles at $66,800 Raise Questions About Potential Future Price Movement Amid Low Buyer Activity Coinotag 1 week ago
Bitcoin’s Current Struggles at $66,800 Raise Questions About Potential Future Price Movement Amid Low Buyer Activity
Bitcoin Price Set for Major Breakout: Crucial $60,000 Resistance on the Horizon Coinotag 1 month ago
Bitcoin Price Set for Major Breakout: Crucial $60,000 Resistance on the Horizon
Bitcoin’s Path to Recovery: Will It Sustain Above $57,700 Amid Fluctuations? Coinotag 1 month ago
Bitcoin’s Path to Recovery: Will It Sustain Above $57,700 Amid Fluctuations?
Could Bitcoin Break Above Crucial Resistance? Exploring Potential Price Rally Scenarios Coinotag 1 week ago
Could Bitcoin Break Above Crucial Resistance? Exploring Potential Price Rally Scenarios
Bitcoin (BTC) Poised for Breakthrough as Market Sentiment Hits Peak Amid Bullish Catalysts Coinotag 1 month ago
Bitcoin (BTC) Poised for Breakthrough as Market Sentiment Hits Peak Amid Bullish Catalysts