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#Bitcoin Update 📊
After the rejection from the May highs around $82.5k, BTC saw a sharp move lower and eventually found support near the $58k area.
Since then, price has been moving sideways and consolidating inside the $58k - $66.5k range, with both buyers and sellers failing to take control.
The range continues to tighten, and eventually a breakout above resistance or a breakdown below support will decide the next major move.
Until then, more sideways price action looks likely as BTC continues to build energy inside this consolidation phase.