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Bitcoin’s Rollercoaster: $60K Revisit Before a Major Breakout?

  • Bitcoin has been struggling to break the resistance at $64,000 and is currently trading at $61,176.
  • There is a possibility of a double bottom formation in the four-hourly chart, which could lead to a breakout above $65,000.
  • The current price is stuck between two liquidity zones, and the direction of BTC's movement depends on traders and investors.
  • Whales are potentially waiting for a downward movement to buy the dip before entering the market.

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