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Bitcoin hits 2-month high as gold loses sheen

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Major money is moving into Bitcoin

Big money is flowing into Bitcoin, with $1.57 billion from major buyers and another $783 million through ETFs, showing strong confidence even when things get shaky worldwide.
More people are holding onto their coins long term, hinting that investors see Bitcoin as a safe bet when uncertainty hits.

Key levels to watch for in the near term

With falling oil prices and a bigger appetite for risk, Bitcoin is now testing resistance around $73,000 to $75,000.

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If it breaks through, experts think it could aim for roughly $80,600-$85,000, but if it closes the week below $68,000, that bullish momentum could fade fast.