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Bitcoin Cointelegraph

Bitcoin exchange reserves near 7-year low as hedge funds buy the dip

Despite a potential supply-shock-driven rally, Bitcoin currently lacks trading volume to recapture the $100,000 resistance, analysts told Cointelegraph.

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Archive context

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

Bitcoin exchange reserves near 7-year low as hedge funds buy the dip

Despite a potential supply-shock-driven rally, Bitcoin currently lacks trading volume to recapture the $100,000 resistance, analysts told Cointelegraph.

Why this matters

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

Original source

Read on Cointelegraph

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