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Bitcoin Looks Weak After Failed Attempt to Clinch $100K— A Deeper Pullback to $90,000 Could be Fast Approaching

BitcoincomNews

2024-12-02 01:35:07

BTC0,99%

LOOKS-1,45%

FAST-0,37%

XRP3,76%

The crypto bulls are back! To be more specific, the veterans are back as the primitive tokens like XRP, AVAX, LTC, ALGO, HBAR, etc. and many more with experience of the 2021 bull run and gaining more attention. It happened soon after the Bitcoin price entered relaxing mode after an attempt to breach the much-awaited target of $100K. The most important reason behind the sluggish behaviour is the drop in volume from the highs above $150 billion to the current levels below $50 billion. This shift in the volume to other altcoins could have weakened the rally, which again faced a failed attempt to reach $100K and dropped below $95,000

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