Will Bitcoin price fall to $110K? Short-term holders sell 22K BTC at a loss

More than 20,000 Bitcoin were moved to exchanges at a loss by short-term holders this week, raising the odds for a BTC price dip toward $110,000.

Key takeaways:

Short-term Bitcoin holders have sold over 20,000 BTC at a loss since Sunday.

Technicals suggest pushing Bitcoin’s price below $100,000 could be a tough task for the bears.

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