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Wall Breaking? Bitcoin Faces Key Test Near $126K Trendline

INFRASTRUCTURE
BTC
BEARISH
🔴 BREAKING

Related Cryptocurrencies

Bitcoin

BTC

Bitcoin

$112,272

-8.10%

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TL;DR

Bitcoin is testing a crucial resistance level at $126K while trading near $121.6K, with analysts anticipating a potential breakout or correction. Futures open interest remains high, adding to the market's uncertainty.

Summary

Bitcoin is testing a crucial resistance level at $126K while trading near $121.6K, with analysts anticipating a potential breakout or correction. Futures open interest remains high, adding to the market's uncertainty.

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By Olivia Stephanie

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