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Bitcoin bulls ‘still in control’ as BTC price passes $112K — Analysis

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 92 Views

Bitcoin extends a relief bounce to liquidate shorts as analysis praises its macro hedge status ahead of a presumed Fed interest-rate cut.

Key points:

Bitcoin returns to $112,000 as bulls stage a key resistance retest.

BTC price action preserves the “bull market support channel” in a classic dip to support.

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