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Bitcoin Price Analysis: Is BTC Heading Toward $70K or $60K Next?

  • Bitcoin's price is at a critical level, determining the mid-term trend of the crypto market.
  • On the daily chart, Bitcoin has broken key resistance levels and could surge higher or find support at $60K.
  • The 4-hour chart shows Bitcoin consolidating at $64K, with a potential bearish reversal or bullish rally to $70K.
  • On-chain analysis suggests short-term holders have been realizing profits again, but selling pressure could lead to a market drop.

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