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Bitcoin Price Stays Near $119,000 Despite Possible New Galaxy Digital Sales


Key points:

  • The bitcoin returns to $ 119,000 after a CME GALAXY Exchange transactions fails to sway the market mood.

  • The nerves above “OG” BTC Btc look forward to the week of the week of the week of the last week.

  • Business circles also see potential for another dip Price BTC.

Bitcoin (Btc) Returned to $ 119.000 Tuesday as the markets looked to ignore another $ 450 million selling.

BTC / USD One-Hour-Hour. Source: Bladeltaph / Tradingoview

Btc price stable on Galaxy Digital Wallet Flet

Data from The parcelagra’s markets and it Dingering showed btc / USD up almost 1%.

A short dip toward $ 117,000 during the US business hours before failed a downtown, with towers delaying an area of key resistance.

The relative force is invited to understand that digital galaxy manager had the other digital 3.782 btc from its burma “has been sent to scams, to a analytic look.

“Is Galaxydigital Help Customers sell again $ btc?” it she Question In a post on X, next to the data from the rypto intelligence firm.

Galaxy Digital BTC Wallighowflows. Source: Startonchain / x

While considerably smaller than the Sale of 80,000 BTC that galaxy facilitated Last week, potential distribution was not noted in not having perceptible impact in price.

In contrast, last week has seen a painted between $ 114,500 as a absorbed supply that had been expected before 14 years.

Phenomenon has been previously seen – as Coupellagrafh reportedThe trade fees and associated titles also had a decreased effect on the market as 2025 has advanced.

Bitcoin can see another “flash sale”

Comment on the actual market structure, traders and analysts held mixed opinions.

In relation: ‘Biggest business deal of always “- 5 things to know in bitcoin this week

Daan Crypto Tradests noticed that the $ 117.000 Downturn had closed the last weekend “Gap” in CME BITCOIN.

“However again, there is CM Gap Close on Monday like the 5 weeks. We build enough tight at that point,” observed. I am

“The longest you continue, more of a prophecy of self by filling.”

Cme billoin fucking a chart. Source: July among Crypto / X

For a material indicators of resource of resource, short-state-of-time to the term of 21 times in simple (sma) to $ 117,480.

“Volatility is on the warming of the first accurate, and the crimination of the trend indicating that bitcoin is not likely to make a new tall today” ” she said X followers Tuesday.

“Pending This Support Test at SMA 21 days, $ BTC may have a flash sale.”

BTC / USD Four-Hour-Hour With 21-Day SMA. Source: Bladeltaph / Tradingoview

Always arranged of a wider tendency change, that warns of different develops in developing food indicators and gave a potential target of $ 108,000.

“You probably see a scullback 108k or we will consult between here and 115k to treat,” he concludedDescription of both results like “likely.”

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