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Crypto

Bitcoin Surges Past $65,000 Amid Strong Technical Support

Guavy AI Editorial Team
Instruments
BTC
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Bitcoin has been holding above $64,000 over the weekend and climbed to just over $65,000 on Monday, indicating renewed upside momentum in crypto price action.

The area between $64k, $65k has been identified as a crucial buying zone by analyst Doctor Profit, who pointed out that it is reinforced by the 200-week moving average (MA200).

This technical support for investors and market participants on CEX and DEX platforms could be significant, especially given Bitcoin's recent price action.

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