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If BTC manages to hold above this level, there is a possibility of a bullish push towards $65,000. However, there are hints of bearish momentum, as suggested by a negative RSI and other technical indicators.

Here are two possible scenarios:

Bearish scenario: If BTC drops below $59,843, it could see further declines, with possible support levels at $58,539, $57,866, and even $57,104.

Bullish scenario: On the other hand, if BTC holds above $59,843, it could target resistance levels at $60,602, $61,455, and $62,214.

Make sure you're always one step ahead!

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