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Story summary
- Bitcoin (BTC) trades around $92,500 after an early rally, signaling momentum struggles.
- Analysts say the market may be forming a bottom with key levels near $80,000 and $93,000.
- Bitcoin rebounded from $80,495 but remains below the 100-day moving average, raising dead-cat bounce concerns.
- Institutional involvement has increased, contributing to cautious sentiment among traders.
- Retail investors are shifting toward altcoins as volatility persists, signaling a change in trading strategies.
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