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Bitcoin trades below massive supply wall; Is a huge sell-off imminent?

Bitcoin trades below massive supply wall; Is a huge sell-off imminent?

As Bitcoin ( BTC) struggles to reclaim support above $23,000 as bulls and bears continue to slug it out over the significant price barrier with a ‘massive supply wall’ having formed just above the price level. According to information obtained by Finbold from IntoTheBlock, as of February 7, 1.85 million addresses bought 1.13 million BTC for an amount ranging from $22,987 to $23,662.








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