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Bitcoin Indicator Shows Bears Dominate Market With Rising Volume – Details

  • Bitcoin is facing pressure as it tests a key support level near $105K after retracing from its recent all-time high of $112K amid market uncertainty triggered by the Federal court’s decision on Trump's tariffs.
  • BTC bulls are defending the $105K–$106K region, a short-term demand zone, while increased aggressive selling is observed, suggesting bearish dominance and potential downward pressure.
  • Despite global economic tensions, Bitcoin is holding relatively well as a hedge against systemic stress, with short-term traders actively selling into strength while long-term holders remain confident.
  • BTC's price action indicates a critical moment as it tests the support zone above $105K, with a breakdown below this level potentially leading to a deeper retracement, while a successful bounce could confirm the broader uptrend.

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