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Bitcoin Surpasses $63,500: Analysis of Recent Price Action
- Bitcoin price surpassed $63,500, breaking through key resistance levels
- Price trading above the 100 hourly Simple moving average, indicating bullish momentum
- Bullish trend line break occurred at $63,220 on the hourly chart
- Potential for further gains if price stays above $62,500 support; resistance at $64,200 and $65,000
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