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The BTC price rises where Galaxy Digital is 80,000 Selling Bitcoin star-news.press/wp

BTC price again in this step, after a lounge higher than $ 117,000. This is followed by the completion of the Galaxy Digital for its sale to 80,000 Bitcoins, which it made on behalf of the Satoshi era. The pioneer encryption fell to less than $ 115,000 today due to the massive sale pressure.

BTC PRICE Reboundouts while Galaxy Digital completes the sale of Bitcoin

View trading data He explains that the main encryption is currently trading over 117,000 dollars, and it retracts its lowest level during the day of 114,759 dollars. Bitcoin fell to this level amid a large sale of Galaxy Digital.

Source: TradingView

Meanwhile, the BTC price recovery follows this cryptocurrency advertisement that it has completed the sale. Galaxy Digital Release press releaseShe said that she succeeded in implementing one of the largest virtual bitcoin transactions in the history of the encrypted currency On behalf of the customer.

The encryption company also noted that 80,000 BTC, which is worth about 9 billion dollars based on the current market prices, was for the Satoshi investor. This represents one of the previous and most important exits from the digital asset market, according to the company. They also mentioned that the treatment was part of the broader real estate planning strategy.

As COININAPE mentioned, this sale has a significant impact on the price of BTC and the broader encryption market. Selling pressure led to a 3 % decrease in Bitcoin, which raised $ 646 million in the coding market, including $ 152 million in long BTC functions.

As the sale comes out of the road, it remains to see whether Bitcoin can maintain a bullish momentum and gather to its highest new levels. On the other hand, there is still a possibility that it will decrease to the CME gap by about $ 114,000. The possible commercial deal between the United States and the European Union this week is one of the factors that can help BTC to maintain this momentum.

Meanwhile, Bloomberg analyst Erik weighs the shans also In the sale of Bitcoin, you ask about the reason for selling the whale $ 10 billion at one time. He indicated that it appears to make sense to sell a little, especially if the person is a believer.

Main encoding levels

In the X Publishing, the encryption analyst Ali Martinez said that the most important levels to monitor the BTC price at the present time are $ 116,095 in support and $ 118,955 as a resistance. This revelation was made based on the distribution of cost basis.

Titan of Crypto raised the possibility of Bitcoin to $ 1120,000. While analyzing the weekly structure, he asked whether BTC could re -test the neckline and the reverse shoulder line at this level before the potential continuing.

Regardless of what is happening for the BTC price in the short term, it is still expected to reach new levels before the end of this year. Citigroup recently predicted that the pioneering Crypto could reach $ 199,000 for the bull status scenario.

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Alignafe Adeyemi

Boluwatife Adeyemi is a writer and editor of encryption news that covers topics that exceed several ports. Its speed and alacity covering uniform break updates. He has a talent to simplify the most technical concepts and make them easy to understand beginners in encryption. Boluwatife is also a lawyer, a law certificate from the University of Ibadan. It also holds a certificate in digital marketing. Away from writing, he is a fan of thirsty basketball, traveler, and part -time Degen.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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Why confidence: Coingaape: Coingepe has covered the coded currency industry since 2017, with the aim of providing useful visions to our readers. Journalists and analysts bring years of experience in market analysis and Blockchain technology to ensure realistic accuracy and balanced reports. By following our editorial policy, our book is achieved from every source, and verifies each story, and they depend on the reputable sources, quotes and media properly. We also follow a strict review methodology when evaluating exchanges and tools. From Blockchain projects emerging and launching operations to industry events and technical developments, we cover all aspects of the area of digital assets with a fixed commitment to the relevant information in time.

Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.

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2025-07-25 21:02:00

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