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Bitcoin Price Prediction: Indicators Suggest a Temporary Pause Before Next Rally; When Will Bitcoin Reach $68K?

  • Bitcoin is currently in a short-term bullish trend, but facing resistance in the $64.1k to $64.5k range.
  • A breakout above the $68,000 resistance level would signal a potential shift towards a long-term bullish trend.
  • Bitcoin's RSI has entered overbought territory, suggesting a short-term cooldown or consolidation period may occur.
  • Support levels for Bitcoin are around $63k, with major support at $60k to $61k.

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