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Bitcoin Price Prediction: $68K Target in Sight After Extended Pause, Here’s What’s Next

  • Bitcoin is currently moving within a descending broadening wedge pattern, indicating bearish momentum.
  • Resistance at $67,000-$68,000 is crucial for a bullish shift.
  • Support at $60,000-$61,000 has resulted in a bounce, with short-term resistance at $63,000 and $64,200.
  • The DXY's recent bullish spike has influenced Bitcoin, but low weekend volatility may lead to stable price action.

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