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CryptoIntelligence 2024-07-24 01:50:50

Bitcoin Battles to Reclaim $65,000 as Analysts Eye Crucial Support Levels

On July 18, Bitcoin continued its efforts to reclaim the $65,000 mark, a critical level for analysts. Data from Cointelegraph Markets Pro and TradingView indicated that Bitcoin’s price action showed consolidation during the Asian trading session and Wall Street open. After reaching $66,000 the previous day, BTC/USD tested the resilience of its recent gains, as the short-term holder (STH) realized price came into focus. Cointelegraph noted that this bull market trendline, just above $64,000 as of July 18, had previously been lost as support for the first time in nearly a year. Popular trader and analyst Rekt Capital highlighted the

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