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Bitcoin Market Update

Bitcoin has fallen below $61,800, attempting to break through the weak support at $62,000, which it successfully did before pausing at $61,800. There's no clear downward trend on the 1-hour chart. Breaking below $61,800 may need some major market force. For now, Bitcoin is still fluctuating, with an estimated range of about 1,000 points.

We are entering the market using the stop profit point set yesterday and will focus on the resistance level at $63,000.

Entry point (long): $62,000

Stop loss: $63,000

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