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Will it or will it not? How well can Bitcoin [BTC] resist the selling pressure

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Over the last few weeks, Bitcoin [BTC] has maintained a solid position over shorts. In fact, this strength was enough to send BTC to $24,000 and keep it above $20,000 for most of July.Things might have, however, taken a new turn.

CryptoQuant analyst Ghoddusifar believes that BTC’s price could decrease because of the selling antics of short-term investors.

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