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2025-02-20 01:36:01

tzongocu on Nostr: šŸ“° News Alert: šŸ”– Title: Bitcoin must hold $92.5k amid accumulation phase ...

šŸ“° News Alert:
šŸ”– Title: Bitcoin must hold $92.5k amid accumulation phase reminiscent of May 2021
šŸ—“ļø Published: Thu, 20 Feb 2025 01:30:54 +0000
šŸ“„ Summary: Bitcoin is at a critical juncture, needing to stay above $92,500 for bullish momentum, as highlighted by Glassnode. Concerns arise about potential downside risks if buying pressure weakens, with parallels drawn to previous cycle peaks. Future implications suggest the need for Bitcoin to maintain support levels to avoid a potential downturn.
šŸ”— https://cryptoslate.com/bitcoin-must-hold-92-5k-amid-accumulation-phase-reminiscent-of-may-2021/
šŸ—žļø Source: CryptoSlate
#bitcoin #crypto #news
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