Bitcoin Price Vulnerable to Drop to $23K as Profit-Taking Takes Over
• Bitcoin fails to hold above the $27,500 level suggesting that the gates to a downside to $23,000 are still open. • Popular trader Crypto Tony said that the move to $23,000 is very much possible. • According to on-chain analysis, a short-term holder SOPR of more than 1 means that short-term holders are selling their BTC at profits. Bitcoin Consolidates at $28,000 Bitcoin (BTC) price made a quick surge to over $28,000 after news that US lawmakers will soon
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