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Bitcoin Showing Early Recovery After Galaxy Digital's 80K BTC Selloff

I feel the crypto market — especially Bitcoin (BTC) — is already shaking off last week's dip and showing early signs of recovery.

Galaxy Digital's 80,000 BTC selloff was a heavy hit to sentiment and liquidity, and I still remember how rough that moment felt.

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AI Analysis

My view is that the market's recent price action reflects an attempt to absorb a large shock — namely Galaxy Digital's 80,000 BTC selloff — and move past the initial panic. Large institutional-sized s...

AI Recommendation

For now, I recommend watching the market closely rather than making aggressive moves. Look for confirmation of the recovery via rising spot volume on up-days and shrinking exchange balances — these wo...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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