Bitcoin threatens $107K next as yearly open becomes key BTC price floor


Bitcoin threatens 7K next as yearly open becomes key BTC price floor


Bitcoin dropped back toward its lowest levels in several weeks after a rebound fizzled at $116,000, while an infamous whale stayed short BTC.

Key points:

Bitcoin gives up on its bull-market rebound as sellers stay firmly in control.

The infamous Bitcoin whale, who shorted BTC last week, continues to add to its BTC price downside bet.

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