Bitcoin (BTC) faced substantial selling pressure, plunging to a low of $40,500 recently. Despite the market’s initial downturn, BTC swiftly turned around within the past day, reclaiming a position above the $43,000 level. The cryptocurrency’s resilience in the face of selling pressure suggests a pattern where Bitcoin’s price tends to rebound against prevailing sentiment, highlighting its ability to thrive amidst investor fear. (Source: Bitcoinist.com)
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