$80 proves a tough ceiling for Bitcoin as institutional selling raises concerns over its future rally
‘$80 a real ceiling for Bitcoin’ amid recent market volatility and institutional selling.
Filip Torveski from Wealth Within warns of potential challenges facing Bitcoin’s rally.
Institutional investors have been selling heavily at the 80 mark, impacting confidence.
This trend could signal a resumption of Bitcoin’s downtrend if that number isn’t breached.
Investors are advised to monitor Bitcoin levels closely in the coming weeks.
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