Bitcoin Pullback May Signal Buy Opportunity at $62K for 20% Potential Gain to $74K: Analysis ...0

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Bitcoin Pullback May Signal Buy Opportunity at $62K for 20% Potential Gain to $74K: Analysis
source : the crypto basic ( Middle East ) () 52
An analysis has suggested that the recent Bitcoin pullback from $72,680 may indicate a further 16% decline, with a potential V-shaped recovery targeting $74,600. Bitcoin experienced a notable downturn after encountering strong resistance in its attempt to surpass its all-time high. Earlier today, the cryptocurrency fell below the $69,000 mark, following a rally that peaked on Tuesday when BTC surged to $73,600. This abrupt decline saw Bitcoin lose over $3,000 from its peak, though it has since regained some stability. Nevertheless, it remains significantly under the $71,000 threshold. Previous BTC/USD Patterns Amid this recovery, an analyst on TradingView provided detailed observations on

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