The price of Bitcoin has continued to pull back since reaching an all-time high in mid-July, currently falling below $116,000, with a low of $112,000. The profit rate for short-term holders has dropped to 70%, and weak demand may exacerbate dumping pressure. Although the price has rebounded to $114,000, it needs time to accumulate support. If it struggles to break through the resistance at $116,900, it may further dip to $110,000.


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BTC-0.11%
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CLASSICvip
· 08-07 08:30
Watching Closely 🔍
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