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Bitcoin Breaks Above $62,000—Will the FED Rate Cuts Push the BTC Price to $70,000?

  • Bitcoin price breaks above $62,000 and tests crucial resistance.
  • The Federal Reserve's rate cuts offer a boost to BTC price.
  • Traders become bullish as over $57 million in shorts get liquidated.
  • BTC price expected to rise to $64,800, with potential pullback before reaching upper resistance.

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