In the past four hours, Bitcoin (BTC/USDT) has experienced significant price movements that have captured the attention of traders and investors. The market opened with BTC priced at $30,000 USDT and saw a bullish trend initially, reaching a high of $31,200 USDT. This upward momentum was driven by positive market sentiment and increased buying activity from both retail and institutional investors.However, the rally was short-lived as the price faced resistance at the $31,200 level. Sellers quickly stepped in, causing a sharp correction. Within the next two hours, BTC dropped back to $30,500 USDT, reflecting a volatile trading environment. This price fluctuation can be attributed to profit-taking and the overall uncertainty in the broader cryptocurrency market.
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