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Bitcoin Consolidates Near $120K as Profit-Taking Tests Institutional Momentum

Pelican Press

By Pelican Press,
in World News

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After a strong start to October, has come under the influence of profit-taking since the beginning of the week, becoming stuck in the critical resistance zone. Although the market has remained bearish throughout the week, the fundamental support for Bitcoin remains strong. The acceleration of institutional inflows into spot ETFs, the increasing accumulation tendency of long-term investors…

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