Bitcoin (BTC) Eyes Major Resistance Amid Market Speculation: Details

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Bitcoin faces critical test as it approaches key resistance

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After dipping to lows of $54,278 in Monday's trading session, Bitcoin saw a rebound that brought it closer to a crucial resistance level that could determine its short-term trajectory. After climbing for two days at a stretch, Bitcoin retested the daily SMA 200 and briefly surpassed it, reaching highs of $59,341 in today's trading session.

 

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