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Bitcoin data points to rally to $120K after pro BTC traders abandon their bearish bets

July 7, 2025 by DIGIT
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Bitcoin data points to rally to $120K after pro BTC traders abandon their bearish bets

Traders are unwinding their bearish positions as Bitcoin holds strong, fueling optimism for a potential breakout to $120,000.

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  • bitcoinBitcoin(BTC)$66,899.00-0.90%
  • ethereumEthereum(ETH)$1,960.72-1.19%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.37-2.05%
  • binancecoinBNB(BNB)$601.95-2.07%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$79.80-2.34%
  • tronTRON(TRX)$0.277708-0.21%
  • dogecoinDogecoin(DOGE)$0.0936180.24%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.38%
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  • bitcoinBitcoin(BTC)$66,899.00-0.90%
  • ethereumEthereum(ETH)$1,960.72-1.19%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.37-2.05%
  • binancecoinBNB(BNB)$601.95-2.07%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$79.80-2.34%
  • tronTRON(TRX)$0.277708-0.21%
  • dogecoinDogecoin(DOGE)$0.0936180.24%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.04-0.38%