Bitcoin’s buying pressure weakens: traders, is it time to accumulate or exit?

Bitcoin has experienced weakened buying pressure, resulting in heightened selling interest. Traders have two main options: enter short positions or accumulate more Bitcoin at lower prices for long-term gains.

As Bitcoin trades around 95,912 USD, traders should keep an eye on critical levels. A failure to surpass 97,500 USD may point towards a further decline, potentially leading to accumulation opportunities for long-term investors.