BTC is trading around $116,500, after briefly testing resistance near $118,000. This marks a slight pullback following a recent uptrend.
- Short-term holders have reduced selling, suggesting a more balanced market. About 70% of short-term supply is still held in profit. - Technical resistance is currently at $115,500, with potential upside targets at $118,000 and $120,000 if momentum continues. #btc
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BTC is trading around $116,500, after briefly testing resistance near $118,000. This marks a slight pullback following a recent uptrend.
- Short-term holders have reduced selling, suggesting a more balanced market. About 70% of short-term supply is still held in profit.
- Technical resistance is currently at $115,500, with potential upside targets at $118,000 and $120,000 if momentum continues.
#btc