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Bitcoin Price (BTC/USD) Awaits Further Rise – June 28, 2024

Bitcoin price (BTC/USD) is currently showing new positive trades, with indications of forming a double bottom pattern that supports expectations of an upward movement in the upcoming sessions. The initial target for this rise is set at $63060.00, with a potential rally towards the next major target of $65485.00 upon breaching the first target.

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It is important to watch the $60330.00 level closely as a break below it could halt the bullish trend and subject the price to correctional bearish pressure.

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For today, the expected trading range for Bitcoin is between the support level of $60500.00 and the resistance level of $63500.00.

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Trend Forecast: Bullish

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