Bitcoin

Resistance

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<h1 id="bitcoin-price-prediction-btc-surges-to-63-375-eyeing-70-000-as-buying-intensifies">Bitcoin Price Prediction: BTC Surges to $63,375, Eyeing $70,000 as Buying Intensifies</h1> 
<p>Bitcoin continues its bullish trend, with a recent surge to $63,375. The leading cryptocurrency is now eyeing the $70,000 mark as buying intensifies.</p> 
<h2 id="bitcoin-s-resilience-and-trajectory">Bitcoin’s Resilience and Trajectory</h2> 
<p>On Saturday morning, Bitcoin continued to command attention, with a recent price uptick to $63,375. This week, the foremost digital currency has shown resilience, registering a modest 0.22% rise. Currently positioned above a critical pivot point of $61,650, Bitcoin’s trajectory seems poised for further exploration towards $70,000.</p> 
<h3 id="technical-front-and-key-price-levels">Technical Front and Key Price Levels</h3> 
<p>On the technical front, the key price levels to watch for Bitcoin include the pivot point, which stands at $61,651. Above this level, the immediate resistance is found at $64,564, followed by further resistance levels at $67,084 and $69,356. On the downside, the immediate support level is at $59,164. Should Bitcoin move lower, the next support levels to watch are $56,677 and $54,336.</p> 
<h2 id="bitcoin-s-bullish-trend-and-resistance-levels">Bitcoin’s Bullish Trend and Resistance Levels</h2> 
<p>Bitcoin’s recent activity on the 4-hour timeframe illustrates a bullish trend, marked by a crossing above the 50-day Exponential Moving Average (EMA) at $61,574, which previously acted as resistance. The formation of a ‘three white soldiers‘ candlestick pattern suggests a strong possibility for continued bullish momentum. However, there is a noted resistance at approximately $63,200, where a downward channel may temporarily restrict upward movement.</p>
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    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-13... <a href=" https: en.coinotag.com bitcoin-btc-value-soars-to-63375-is-70000-next-as-crypto-investors-ramp-up-purchases ">Read the full article for FREE at COINOTAG!</a></td>
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Bitcoin (BTC) Value Soars to $63,375: Is $70,000 Next as Crypto Investors Ramp Up Purchases?

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