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Bitcoin Holds Steady Above $86K as On-Chain Data Points to ‘Bullish Shift’

  • Bitcoin stabilizes above $86,000 after recent price turbulence.
  • The rebound suggests a pause in downward pressure and a potential reassessment among market participants.
  • The Coinbase Premium Index turning positive indicates a growing appetite from US-based traders and institutions.
  • Whale accumulation and improving Coinbase Premium readings may suggest strategic buyers positioning for potential future rallies.

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