Bitcoin (BTC) Price Analysis: Long-Term Holders Selling Puts $90K Target at Risk
Bitcoin faces potential downside risk, with a possible decline to $84,000, Bitcoin's (BTC) price is being pressured by increased exchange deposits from large holders and accelerated selling by long-term holders. The analysis suggests that the bulls' ambition to reach $90,000 may be jeopardized by this selling pressure. The development indicates a shift in sentiment among Bitcoin holders, potentially impacting near-term price action.
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