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Market Resistance

In trading, resistance is a price level where an uptrend can face a selling pressure, potentially causing a price decrease or consolidation.

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Bitcoin Surges Past $64K on Lower US CPI, Traders Eye Resistance Levels

By Owais Farooq • 2 weeks ago
Bitcoin Surges Past $64K on Lower US CPI, Traders Eye Resistance Levels

Bitcoin's price climbed above $64,000 following a decrease in US CPI data, yet market participants remain cautious about potential resistance at this critical level.

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