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Bitcoin price facing final resistance before $68K?

Bitcoin is very close to new all-time highs once again but the final hurdle may take some time to overcome.
Bitcoin’s (BTC) price has so far failed to make new all-time highs above $60,000 this week. After the breakout above $58,000, negative news from India, as well as general macroeconomic weakness and rebounding U.S. dollar, appear to have halted the rally. This resulted in a pullback toward $53,000 on March 16. Such a move is normal as the bull market typically moves in waves. In other words, the market will find a new equilibrium of buyers and sellers, after which it will decide where to go next. Overall, the market has been in a significant uptrend as Bitcoin’s price has accelerated from $11,000 to $60,000 in just six months. Bitcoin fails to break $60,000BTC/USD 4-hour chart. Source: TradingViewThe 4-hour chart shows apparent support at $53,000, which held once again. The subsequent continuation upward is seen on the 4-hour chart of Bitcoin. This upward continuation then met the next big resistance at $58,800-$60,000. This is the final key resistance level before the next impulse wave toward $68,000 can happen.However, Bitcoin’s price couldn’t break through this resistance zone yesterday, which has pushed it back toward its previous range. The top of this range is $58,800-60,000 while the bottom support area is at $54,000-$55,000 and $53,000. The pressure will likely see a build-up resulting in a breakout to the upside as long as Bitcoin’s price stays inside this range. BTC/USD rema bullish on …
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