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Bitcoin Price Extends Decline: Can $60K Serve as a Lifeline?
- Bitcoin price extended losses and traded below the $61,850 zone.
- Bitcoin is struggling to start a fresh increase above $62,850 zone.
- There is a connecting bearish trend line forming with resistance at $61,250.
- Bitcoin price could initiate another decline if it fails to rise above the $61,250 resistance zone.
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