Bitcoin sells off into weekly close as bulls face $86K BTC price reckoning

Bitcoin experienced a significant sell-off as it approached the weekly close, with prices dipping below $86,000. This decline has raised concerns among bulls who were hoping for a sustained rally. Market analysts are closely watching the $86K level, viewing it as a critical point for potential support or further downturn. The overall sentiment in the crypto market remains cautious, with traders assessing the impact of macroeconomic factors on Bitcoin's price trajectory.

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