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quoting nevent1q…8gup

After Bitcoin cut through key levels at a historic rate over the past few days, we have finally seen a reaction from $60k, with a 10% move so far. Looking at the weekly chart, with 3 days remaining, the question is whether BTC can reclaim the $74k area. Closing below this would be acceptance inside a range that lasted for 6 months in 2024, and the bottom of that range ($55k area) could be tested in the coming weeks.