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Bitcoin Fails to Reclaim $63K: Low Volume, Concentrated Liquidity Below $60K Signal Bloodbath

  • Bitcoin fails to reclaim $63K as low trading volume and concentrated liquidity below $60K signal potential volatility.
  • Market activity and trading volume have dropped significantly, leading to potential volatility in the coming days.
  • Bitcoin bounces from a major support area between $60,200 and $61,200, demonstrating resilience.
  • Key resistance levels to watch for further gains are $63,000, $64,100 to $64,500, and $67,000 to $68,000.
  • There is significant liquidity below the current price, specifically in the range of $59,600 to $59,800, which may provide support in case of a price retreat.

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