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Bitcoin’s $66K Milestone Indicates Bullish Potential Despite Setbacks
- Bitcoin sets a new technical higher high at $66k, signaling a potential shift in market trend.
- Long-term holders remain resilient despite 47.4% of their supply being in unrealized loss.
- Institutional demand through Bitcoin ETFs continues to grow, influencing market dynamics.
- Bitcoin's price reaches $66k but pulls back to $60k, indicating a weakening bearish trend.
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