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Bitcoin clings to 'classic disbelief rally'

Data from Cointelegraph Markets Pro and TradingView showed that the BTC price rose again to $65,000.

Still down around 1% overall from the daily open, the BTC/USD pair is showing resilience in the face of billions of dollars in coins leaving the cold wallet linked to the defunct Mt. Gox exchange.

While some ignored the market's initial reaction to the transactions, some popular traders urged caution.

Even though Bitcoin has gained more than 10% since the start of the weekend.