The bitcoin price is approaching $103,000 as the federal shutdown ties the 2018-2019 record while dollar the strengthens and tech market futures decline.
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The bearish momentum is increasing, according to key indicators.
The decline comes amid signs of over exuberance in major tech stocks and investor angst about increased AI spending.
Long traders accounted for nearly 90% of the liquidations, with $1.14 billion in bullish bets erased.
Analysts suggest stabilization above $0.165 is crucial for recovery, with a daily close above $0.18 needed to counter bearish momentum.
The move reflected cautious accumulation rather than broad conviction, as trading volumes remained below trend despite multiple volatility spikes during the ses ...