BTC faces rising sales pressure as it retains a $95,000 resistance

Bitcoin’s recent execution appears to be losing steam as price action encounters a critical range of resistance over a $95,000 psychological barrier. The market is currently showing signs of fatigue, suggesting that the correction stage may be on the horizon before the new, history-highest potential surge. Technical Analysis Daily Charts After staging strong breakouts last…

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New risks in the industry?

A groundbreaking study from the Cambridge Centre for Alternative Finance (CCAF) claims that the US currently controls Bitcoin mining, controlling 75.4% of the world’s hash power. “The US has solidified its position as the largest global mining hub (75.4% of reported activities),” CCAF reports, based on a survey of 49 mining companies representing almost half…

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