Bitcoin is Facing Rising Selling Pressure: Can BTC Price Hold Its Key Support?
The post Bitcoin is Facing Rising Selling Pressure: Can BTC Price Hold Its Key Support? appeared first on Coinpedia Fintech News
The Bitcoin price is showing signs of renewed selling pressure after struggling to break above the $65,000 level. BTC is currently trading near $64,200, while a mix of on-chain and institutional data points to weakening demand and rising sell-side pressure. Exchange balances have climbed, miner reserves continue to decline, and Bitcoin ETF flows have turned โฆ
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