Bitcoin Price Rebounds Above $62,000: What’s Next?
Bitcoin (BTC) saw a significant recovery, bouncing back above $62,000 after hitting a six-week low on June 24. This rapid rebound has traders and analysts divided on whether this marks the end of Bitcoin’s recent downtrend or just a temporary reprieve.
Market Analysis and Trader Sentiments
Support at $60,000: A Crucial Zone
Popular trader Jelle highlighted the importance of the $60,000 support level, noting a resurgence of buyer interest.·
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