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Bitcoin Bulls vs. Bears: Why BTC Is Consolidating Despite Massive Institutional Dumps

Bitcoin Bulls vs. Bears: Why BTC Is Consolidating Despite Massive Institutional Dumps

The post Bitcoin Bulls vs. Bears: Why BTC Is Consolidating Despite Massive Institutional Dumps appeared first on Coinpedia Fintech News

In the past month, Bitcoin (BTC) has been continuously grinding sideways between $62,000 and $66,000, with a press-time price of $ $64,595. Source: TradingView While dull, this consolidation is a testament to market resilience amid substantial selling pressure. It also reflects the positive market sentiment surrounding Goldman Sachs’ prediction of an “unlikely” September Fed Interest …