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Crypto

Bitcoin Hits $66.2K Resistance Amid Improved Short-Term Momentum

Guavy AI Editorial Team
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BTC
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Bitcoin is trading in a tight consolidation range, testing resistance at $66.2K to $66.8K as it extends its recovery from recent lows.

The asset's short-term momentum has improved, but it still faces an important barrier that could determine the near-term direction of the crypto market and token performance.

On the daily chart, Bitcoin remains within a well-defined consolidation range, with support at $57.8K to $60.2K.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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