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Bitcoin Looks Stronger When Measured Against Equities’ Decline – Insights

  • Bitcoin is facing critical selling pressure amid ongoing macroeconomic uncertainty, with bulls unable to reclaim the $90,000 level and bears repeatedly failing to break below the $81,000 support.
  • Some analysts argue that Bitcoin's performance looks stronger when measured against the decline in equities, as it is now down less than 10% from its all-time highs, suggesting underlying resilience.
  • Bitcoin is currently holding strong above critical demand levels, showing relative stability despite intense volatility in global financial markets.
  • BTC is consolidating between the $81,000 support and the $88,000 resistance level, with the $90,000 level being crucial for a potential recovery rally.

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