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Bitcoin’s Vulnerability Unveiled: A Closer Look at BTC’s Weakness
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Bitcoin is currently displaying signs of weakness, and there is a possibility that if the support level of 60.5K is breached, the price may drop to the range of 53K-54K. On the other hand, a potential rally towards 66K could occur if Bitcoin manages to surpass the 62K resistance level. Traders should closely monitor these key levels for potential trading opportunities.
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Please take note of the yellow circle and prepare for two possible scenarios.