Bitcoin Demand Holds Strong as BTC Price Slips Toward $112K

TLDR: Apparent demand remains positive as 160K Bitcoin moved into long-term storage in 30 days. Wallets that only buy Bitcoin added nearly 50K BTC this past month, signaling steady conviction. OTC desk balances fell from 550K BTC in 2021 to 145K BTC, reducing liquid supply. Resistance sits at $116,300, while key support remains near $112,600, [...]

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