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Bitcoin Price Plunges From $82K as $78,000 Becomes the Line

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin’s price was caught between short-term selling pressure and a still-rising daily trend Friday, Sept. 4, after a surge to $82,281 gave way to a retreat into the $79,000 area. The reversal puts a great deal of attention on whether buyers can defend nearby support while the broader technical picture remains supported by daily moving […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Short-term selling pressure after $82K peak indicates temporary weakness.

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