The price of Bitcoin has started to show signs of weakness after reaching a high of $117,266. Although there are still minor fluctuations, the upward momentum has noticeably weakened. Currently, the price of Bitcoin is hovering around $117,059, facing significant resistance at $117,266.
Considering the current market sentiment and recent trends, analysts expect Bitcoin to possibly experience a pullback in the short term. They suggest that investors may consider adopting a short strategy in the range of $117,000 to $117,300, while setting a stop-loss point at $117,500. If the downward trend is
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