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Is Bitcoin Heading Toward a $168K Rally or an $85K Crash?

  • Bitcoin is facing a drop in value and declining whale activity.
  • The drop is attributed to profit-taking, hawkish signals from the U.S. Federal Reserve, and reduced institutional interest.
  • Korean investors are increasing Bitcoin purchases, while U.S. investors show reduced activity.
  • Technical indicators present a mixed outlook, with potential for a drop to $85,721 or a rally to $168,000.

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