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Bitcoin Failed to Hold $64,000, What’s Next?
- Bitcoin failed to hold the price level at $63,800 and dropped around 1.92% to $62,573.
- BTC price attempted to break $64,000 again but got rejected and fell 2.18%.
- Bitcoin is currently trading at $62,797 with negative momentum indicated by MACD and falling RSI.
- Traders have opened more short positions than long ones, and there are chances of a retracement to $62,000.
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