Bitcoin (BTC) price has risen to a high at $67,000 after bouncing back above support at $64,000. Today, the BTC price has fallen back to the $64,000 support as the market resumed consolidation above it.
Yesterday's rise to a high at $67,000 resembles a vertical rally that is not supported by strong fundamentals. Bitcoin has fallen back to support at $64,000, suggesting that bullish gains have been wiped out after rejecting the recent high.
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