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Bitcoin Metrics Reveal That Recent Drop Below $100K Isn’t A ‘Panic Selling Event’ – Details

Bitcoinist LogoBitcoinist4d ago

Bitcoin Metrics Reveal That Recent Drop Below $100K Isn’t A ‘Panic Selling Event’ – Details - Bitcoinist

Quick Summary:

Bitcoin has slipped below the $100,000 mark for the first time in 10 days, raising concerns among investors as market sentiment takes a bearish turn.

Its ability to reclaim the $100K level and maintain upward momentum will likely determine its trajectory in the near term.

However, others argue this is merely a healthy retrace in Bitcoin’s broader bullish trend, offering a chance to consolidate and gather momentum for future gains.


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Bitcoin Metrics Reveal That Recent Drop Below $100K Isn’t A ‘Panic Selling Event’ – Details - Bitcoinist (Picture 1)Bitcoin Metrics Reveal That Recent Drop Below $100K Isn’t A ‘Panic Selling Event’ – Details - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-27 @ 18:30:32 (4 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 617 words

Reading Time: 4 minutes read

Sentences: 53 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 25524966

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "Bitcoin Metrics Reveal That Recent Drop Below $100K Isn’t A ‘Panic Selling Event’ – Details" has 617 words across 53 sentences, which will take approximately 3 - 6 minutes for the average person to read.

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The story "Bitcoin Metrics Reveal That Recent Drop Below $100K Isn’t A ‘Panic Selling Event’ – Details" was covered 4 days ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 10 news stories per day.

It's most recent story was published 8 hours ago.

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The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #25524966
  • URL: https://beamstart.com/news/bitcoin-metrics-reveal-that-recent-17380028101338

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