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Bitcoin price hits $111K November high but bear market fears persist

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 13 Views

Bitcoin traders doubted the staying power of last-minute weekend BTC price upside as selling pressure from whales returned into the weekly close.

Key points:

Bitcoin reaches $111,000 for the first time in November, but traders anticipate the weekend's upside unraveling.

Coinbase sell pressure comes as a Bitcoin whale resumes distributing BTC.

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