bounced back above $69,000 before it fell to $67,500 hours later. According to AMBCrypto’s analysis, there were specific reasons for the rebound. One of the more significant ones was the 10,000 BTCs the U.S. government sold.
Therefore, if crowd expectations continue to languish in FUD, the price of the coin might retest $69,000. However, if the dust settles, BTC might end up trading sideways unless there is a wave of buying pressure that
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