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Blockonomi
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Bitcoin Holds Strong at $60K: Is a Breakout Imminent?
- Bitcoin's price briefly rose above $63,000 before dropping to around $60,000.
- Open interest has exceeded $18 billion, which historically led to major price corrections.
- Funding rates are slightly above the 200-day SMA, indicating the dominance of long traders.
- Analysts suggest a potential final shakeout before a new all-time high, with $66,000 as a key resistance level.
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