- March 27, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Bitcoin’s failure to hold above $88,000 raises chance of a liquidity grab below the price range lows as long-term holders are showing new signs of accumulation.
Bitcoin (BTC) tapped $88,700 this week but has since corrected to just below $87,000 on March 27.
The recent rejection from the $88,000 resistance level raises questions about whether BTC price could drop further over the next few days.
BTC/USD four-hour chart. Source: Cointelegraph/TradingView