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Bitcoin Short-Term Holders Shift at $94K Signals Possible Downturn

  • Short-term Bitcoin holders are making profits close to $94,500, indicating a possible market peak and decline.
  • Bitcoin has consolidated around $107,500 after peaking at $112,000, with a slight pullback seen as a solid correction.
  • Realized value for long-term holders stands at $33,000, with Bitcoin surpassing altcoins by more than 30% from the peak in 2021.
  • Bitcoin hit a record high of approximately $112,000 before retracing to about $107,000, leading to optimistic sentiment despite macro uncertainty.

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