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    Bitcoin Price Forecast: BTC hovers around $97,000 as crypto czar David Sacks evaluates US Bitcoin Reserve

    Author AvatarBy George Brooks No Comments 13 Mins Read
    • Bitcoin price hovers around $97,000 on Wednesday after falling 3.5% the previous day.
    • President Trump’s crypto czar David Sacks says they will evaluate a Bitcoin Reserve.
    • A K33 report highlights that Bitcoin CME traders maintain a defensive position and suggest investors avoid leverage at any cost.

    Bitcoin (BTC) price hovers around $97,000 on Wednesday after falling 3.5% the previous day. BTC still shows signs of weakness, despite Trump’s crypto czar, David Sacks, announcing during the digital asset press conference that they would evaluate a Bitcoin Reserve. Moreover, the K33 report highlights that Bitcoin CME traders maintain a defensive

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    He is an experienced financial journalist with a focus on Forex and cryptocurrency markets. With over two decades of expertise, he delivers in-depth analysis and real-time market updates, providing traders and investors with the knowledge they need to navigate the ever-changing financial landscape. His insightful articles and reports are trusted by professionals and enthusiasts alike.

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