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Market Metrics Show Bitcoin Remains in Danger Zone as Selling Pressure Surges

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Market Metrics Show Bitcoin Remains in Danger Zone as Selling Pressure Surges

While Bitcoin has recovered slightly following the latest price drop, market data suggests the premier crypto asset remains in the danger zone. Bitcoin (BTC) is seeing renewed selling pressure in recent weeks, dropping from about $73,000 at the start of the month to below $60,000.

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