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Bitcoin at $80K: Breakthrough or Rejection | Bitcoin and Crypto News
Published 1 week, 4 days ago
Description
Bitcoin faces a major resistance wall near $80K, where nearly 8% of its supply was accumulated — and now ETF holders are poised to sell, adding pressure. Similar to last year’s $60K resistance, breaking above the $81K fifty-week moving average could signal a powerful bull run, as seen in 2020 and 2023. But if it stalls, expect choppy trading or a pullback before another attempt.
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