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$BTC BACK TO $62.9K – SUPPORT RETEST OR BREAKDOWN?!"
Bitcoin is down 2.9% today, retesting the $62,800 support zone. This level has held twice in June and once in early July. The 4-hour chart shows RSI dropping to 45 – neutral, with room to move either way.
The key question is whether buyers will step in at $62,800. If they do, I'd expect a push back toward $64,000. If they don't, $61,500 is the next major support.
Volume on the drop is moderate – not panic selling. This is a critical level to watch today.
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