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TheNewsCrypto

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Is Bitcoin Ready for a Stronger Rally Above $70,000?

  • Bitcoin has experienced a recovery, reaching a peak of $66,376.
  • The price surge follows the release of the US PCE report and the Federal Reserve's decision to lower interest rates.
  • Bitcoin's technical analysis suggests a bullish sentiment with positive indicators.
  • Bitcoin may face a slight correction with a critical support level around $63.5K.

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