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Bitcoin is holding firm around the $70,000 level after one of its sharpest sell-offs this cycle, leaving investors split on what comes next.
On-chain data, ETF flows, and market structure signals now point in two opposing directions, raising a key question: is Bitcoin preparing for another leg up, or setting up for renewed downside?
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Selling Pressure Remains Elevated
One of the clearest warning signals comes from Bitcoin’s growth rate difference between market cap and realized…
