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BITCOIN PRICE ANALYSIS & PREDICTION (October 22) – Bitcoin Sees Rejection After Rallying 7% In A Week, Can It Break $70k?

  • Bitcoin's price shows signs of bullish recovery after rallying 7% in a week.
  • The price reached a critical level and may retrace slightly before resuming bullish.
  • Bitcoin experienced price contraction and exhaustion in buying after multiple rejections.
  • Bitcoin's immediate resistance is at $70,080, with support levels at $66,500 and $63,600.

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