$BTC Bitcoin Market Snapshot ๐ฅ**
### **๐ Live Data**
- **Price**: $61,200 (-1.8% 24h)
- **Market Cap**: $1.2T
- **Dominance**: 53.5%
- **24h Vol**: $24B
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### **๐ Key Levels**
- **Support**: $60K (psych level), $58.5K (200D MA)
- **Resistance**: $63K (weekly high), $65K (bullish breakout zone)
- **RSI**: 45 (neutral, leaning bearish short-term).
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### **๐ก Catalysts Driving BTC**
1. **Fed Rate Cuts**: Uncertainty over 2025 cuts pressures risk assets.
2. **ETF Flows**: BlackRockโs IBIT sees $120M outflow this week.
3. **Miner Activity**: Hashprice dips to $0.06/THash โ potential sell pressure.
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### **๐จ Trading Playbook**
- **Shorts**: Target $58.5K if $60K breaks (stop above $63.5K).
- **Longs**: Accumulate near $58K (strong historical support).
- **HODLers**: DCA and hold โ halving cycle still favors bulls long-term.
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### **๐ Macro Watch**
- **US CPI Data (Next Week)**: Inflation surprises = volatility.
- **BTC Dominance**: Rising dominance may delay altseason.
