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Crypto

Bitcoin Bounces Off $63K Support as Bulls Eye $67K Breakout

Guavy AI Editorial Team
Instruments
BTC
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Bitcoin's price has dropped below the $64,000 support level and is now testing a critical $63,000 support. The cryptocurrency faces resistance at $64,000 and must reclaim this level to improve short-term momentum.

If $63,000 fails, the next support is around $61,000. Weak ETF inflows and steady interest rates are limiting fresh upward momentum for Bitcoin.

A strong move above $67,000 with volume is needed for a bullish trend to gain traction, according to recent analysis.

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