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Bitcoin could continue to consolidate under $65,200 in the near term – Bitfinex – TON BOT

TON BOT

Bitcoin could continue to consolidate under $65,200 in the near term – Bitfinex

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Bitcoin (BTC) approaches its $65,200 high, facing potential consolidation. Its recent rally is driven by futures trading, raising volatility concerns. Open interest in Bitcoin futures has increased, while spot market buying has slowed. Renewed interest in Bitcoin ETFs and broader market trends may influence its future direction.

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