- Currently, Bitcoin is moving within a narrow range between $62,300 and $64,600. The price is facing a strong resistance level at $65,000. If Bitcoin continues to be rejected at this resistance and closes below $62,000 on the H4 chart, the main downtrend is likely to persist.
- A breakout of these key levels will be crucial in determining the short-term direction of Bitcoin. Investors should closely monitor price action around the current resistance and support levels to develop appropriate strategies.
- A breakout of these key levels will be crucial in determining the short-term direction of Bitcoin. Investors should closely monitor price action around the current resistance and support levels to develop appropriate strategies.
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