Introduction Bitcoin (BTC) has been navigating a tumultuous landscape, grappling with significant selling pressure that has seen its price plunge from $70k to $61.8k. As the market oscillates, traders and investors are meticulously monitoring critical support levels and potential catalysts that could steer BTC’s trajectory. This comprehensive analysis delves into BTC’s recent price dynamics, evaluating the prospects for a rebound and identifying key levels that could shape its future direction.·
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