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Bitcoin Uptrend Intact, But Binance Activity Warns Of Short-Term Pullback

  • Bitcoin (BTC) reached a new all-time high of $111,999 on Binance before dipping slightly to around $110,000.
  • Some analysts anticipate a short-term pullback despite the overall bullish trend.
  • Binance's taker buy/sell volume surged, indicating potential distribution or selling pressure.
  • While Bitcoin's bullish structure remains intact, signs of caution for a short-term pullback are emerging.

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