Bitcoin trades below $60,000 with key technical and on-chain resistance levels blocking a rebound
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🚨 $BTC is stuck under $60,000, facing major technical and on-chain resistance.
📊 Strong resistance levels include $69,600 for recent buyers and $75,500 on the 200-day moving average.
🕰 Bear markets previously pushed $BTC 5% to 10% below key on-chain levels.
🔎 A potential bottom could form near $45,000 if past patterns repeat.
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1h ago•
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