May 9, 2025

Bitcoin Price Plummets Below $60,000, Faces Resistance at $62,500

1 min read

Bitcoin’s recent dip below the $60,000 mark has raised concerns about a potential continuation of its short-term downtrend. Several technical indicators point to bearish momentum, suggesting that the cryptocurrency may struggle to reclaim previous highs quickly. Analysts are closely watching key resistance levels, including $62,000, which might pose significant obstacles for any recovery attempts. Bitcoin’s

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Source: CoinOtag

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