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Bitcoin Hits Resistance: $2.9B in Longs at Risk Below $68,000
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Bitcoin Hits Resistance: $2.9B in Longs at Risk Below $68,000

Bitcoin has surged approximately 40% from its July low of around $57,800, sparking fresh optimism that the cryptocurrency may have established a definitive market bottom after several months of sideways consolidation. On August 27, $BTC was trading near $80,200. However, this impressive recovery has pushed the leading digital asset back into a major overhead resistance ...