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Bitcoin clings to $36K as data suggests BTC price sell-off came from short-term holders -Breaking

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Bitcoin Prices Hold on to Their $36K Value, Despite the fact that data shows that Bitcoin’s price fall was caused by short-term investors

(BTCAs volatility cooled down into the weekend, ), found a new place at $36,000 in May 7.

1-hour candle chart (Bitstamp) TradingView

From Cointelegraph Markets ProAnd TradingViewBTC/USD was seen at $36,000 overnight after it lost just 12% in 72 hours.

LFG wallet data overview (screenshot). Source: BitInfoCharts
BTC/USD 1-day Candle Chart (Bitstamp) – Potential buy and sell zones highlighted. TradingView
Chart showing the exchange coin age. Source: CryptoQuant