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Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving

As the Bitcoin (BTC) price continues to go sideways just below the $25,000 level, traders are trying to assess whether the world’s largest cryptocurrency by market capitalization has enough oomph to muster another breako...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving
As the Bitcoin (BTC) price continues to go sideways just below the $25,000 level, traders are trying to assess whether the world’s largest cryptocurrency by market capitalization has enough oomph to muster another breakout above key resistance. For the last five days, sell pressure ahead of the August 2022 highs in the low $25,000s has kept a lid on prices....
Read More: Is the Bitcoin Rally Running Out of Steam? Analysts Worry That This Key Metric Isn’t Improving

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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