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Crypto

BTCPay Backers Offer Bitcoin Bounty Amid Exploit and Bearish Momentum

Guavy AI Editorial Team
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BTC BTCP
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BTCPay's backers have stepped in to offer a Bitcoin bounty after a critical wallet exploit was reported by Decrypt. This move comes as Bitcoin price action remains uncertain, with the cryptocurrency trading at $63,318.58 on the 4-hour chart.

The upper resistance for BTC is set at $65,711.71, while lower support is at $63,383.01. However, the EMA50 at $64,381.2 acts as a cap to upside momentum, and the EMA200 at $63,750.69 offers thin floor support.

The Relative Strength Index (RSI) of 38.44 suggests that BTC's price is neutral, but the MACD death cross at -241.06 indicates bearish momentum.

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