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CoinOtag 2024-06-29 17:49:56

Bitcoin Price Rebound Imminent After Massive Drop Below $60,000

Bitcoin recently experienced a substantial correction after peaking at $71,000, dropping by 14% and falling below $60,000. The drop to $58,000 brings Bitcoin to a historically significant support level, supported by the 200-day moving average. Increased trading volume at reduced prices suggests an accumulation phase, indicating potential for a price rebound. Bitcoin Price Faces Critical

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