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The Nexus
BUSINESSMay 6 · 19:16 UTCR/CRYPTOMARKETS/u/Agustinmoon

$80k is starting to feel less like resistance and more like a confidence test

The Bitcoin price around $80k is being approached with caution, feeling more like a confidence test than a technical level. The market is hesitant to break through this point, citing various macroeconomic excuses. This has led to a stalemate where bulls are waiting for the next leg up and others are waiting to sell strength.

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