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Bitcoin

Bitcoin at a Key Milestone

11 Jul 2024by CryptoJazz Admin1 min read2 views
Bitcoin at a Key Milestone

🟠 Bitcoin has closely approached the psychologically important $60,000 level, showing a sharp rise amid the recovery of the Relative Strength Index (RSI).

🟠 According to the cryptocurrency screener Cryptovizor, which determines the BTC/USD price based on spot exchange trading, the asset hit a daily high of $60,000. Currently, the price of the first cryptocurrency stands at $58,680.

🟠 Despite the optimism of some traders, sellers are still putting up significant resistance near the $60,000 mark, attempting to keep the price below this key level. The battle between bulls and bears for market control has reached its peak, and the coming days will reveal whether Bitcoin can break through this crucial psychological barrier or if a pullback to lower support levels will occur.

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