Bitcoin’s quick recovery from its Asia-trading session trade-off shows bulls are viewing every dip as a buying opportunity as BTC approaches new all-time highs.
Key points:
Bitcoin’s rejection at $107,000 shows sellers are active at higher levels, but the recovery from the intraday low shows solid buying.
Strategy and Metaplanet continue to accumulate Bitcoin, adding steady buy-side pressure to BTC price.
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cointelegraph.com