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Bitcoin Traders Brace for $62K Test After Rebound From $57,735 Low

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin climbed to $61,211 early Thursday, a rebound of more than 5% off its 24-hour low. The move puts price back near the top of its daily range as short-term momentum indicators turn bullish while longer-term averages keep sellers in control. Bitcoin Fights Back After the June Selloff The bounce follows a pullback that traders […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Technical rebound shows short-term momentum but longer-term trends remain bearish.

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Bitcoin Traders Brace for $62K Test After Rebound From $57,735 Low — Crypto Insight