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Bitcoin Sees High Activity Despite Price Decline as 320K Addresses Engage

  • Over 320,000 active Bitcoin addresses are interacting with the price range near its old ATH.
  • Investors show optimism and strong interest at the $68,500 price level.
  • Bitcoin reserves on exchanges are at a five-year low, indicating traders prefer holding rather than selling.
  • Technical indicators, such as the 200-day simple moving average, suggest possible future movements.

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