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CoinGlass: Bitcoin in Range-Bound Action, Strong Support Around $64,900

BlockBeats News, April 3rd, CoinGlass posted that BTC whale order book data shows Bitcoin price being "boxed in" a range. Sell orders are concentrated around $67,500 and the $67,950 to $68,050 range. Buy orders are at $65,600 to $65,800, with strong support near $64,900.


The current market is not in a trending phase but in consolidation. If the sell wall above is consumed, it tilts bullish; if the buy orders below are pulled or eaten, it leans bearish. Prior to this, the price is still running within a range set by whales.

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