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Image Credit: Cryptopotato

Bitcoin Price Analysis: BTC Dips to $58K in Anticipation of This Week’s Fed Rate Decision

  • Bitcoin's price is consolidating around the $60K level.
  • On the daily timeframe, the price has yet to recover above $60K.
  • The 4-hour chart shows the price testing a critical bullish trendline.
  • Bitcoin funding rates have decreased, indicating a potential sustainable rally.

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