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November 30, 2024

Data Highlights Mounting Selling Pressure on Bitcoin: Is the Bull Run in Jeopardy?

Recent observations reveal that Bitcoin maintains investor confidence by staying above critical psychological levels like $90,000. However, a notable shift in market sentiment is emerging. Analyst G a a h from CryptoQuant suggests that intense selling pressure could indicate caution among traders. These findings raise questions about the sustainability of the ongoing bull run. Home much longer can this upward trend hold back the tide of selling? As the crypto market evolves, traders should consider these warnings seriously. Future price trends depend on whether Bitcoin can withstand this pressure. Staying informed about market dynamics can help traders strategize effectively. Pay attention to updates and insights as they unfold during this crucial phase.

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