Pushpendra Singh: BTC falls below $64K resistance as sellers gain control

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BTC slips below key $64K resistance

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Pushpendra Singh: BTC falls below $64K resistance as sellers gain control — BTC slips below key $64K resistance

Pushpendra Singh, crypto educator and blockchain enthusiast, reports that BTC has lost momentum after failing to hold above the $64,000 resistance level. The cryptocurrency's price has dropped back below this range, giving sellers short-term control in the market.

Pushpendra Singh cautions that if BTC cannot reclaim the $64,000 threshold, further downside toward the next support is possible. A recovery above this level would be needed to shift the short-term trend.

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Singh has previously tracked regulatory developments in India, including a move by the Financial Intelligence Unit to require crypto exchanges to report over-the-counter trades above $10,000. He has also noted the impact of high taxes and the recent loss of Telegram on crypto community workflow in the country. These recent events contribute to ongoing challenges for market participants.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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