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Bitcoin's Six-Month Candle Range Stays Bullish Above $58,115

Bitcoin remains above its six-month range floor at $58,115 after rebounding from an intraperiod dip. At press time, BTC traded near $80,024, with price analysis identifying $97,924 as a potential upper boundary target if buyers sustain support and reclaim key resistance levels. Bitcoin fell from its six-month candle opening price of $58,625 to $57,800, briefly slipping below the $58,115 support level but recovering to $87,396. Price analysis suggests the midpoint near $78,020 divides the structure into upper and lower halves, with BTC currently above that midpoint at $80,024. The next resistance band is at $87,000–$90,000 before the six-month high of $97,924.

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