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Bitcoin (BTCUSD) Teeters at Key $64K Support as Trader Warns of False Breakout Risk

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The Story

News Summary

  • A prominent quantitative trader warns that Bitcoin must defend the crucial $64,000 level to avoid falling below $60,000.
  • Holding this support could trigger a short squeeze toward $67,000, though the recent rally might be a false breakout.
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BTCUSD price history

75693.99 +15.14% over the displayed period

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