Over 1.2 million BTC absorbed by institutions! What does the $59,800 level mean for the next move?

🚨 Institutions have absorbed more than 1.2 million $BTC in recent months.
📉 Despite this, Bitcoin slid back to nearly $63,000 amid fierce selling pressure.
⚠️ All eyes are fixed on the $59,800 level as a make or break support for the coming days.

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