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  "description": "BYTEFOLIO ISSUE 214;\n\nBitcoin’s ByteTrend Score remains a 0. The price has bounced but has yet to pass above either moving average, both of which are falling.\n\n\nBITCOIN\n\nSupport at $60k is a good thing because it is an important level with lots of history. This level marks the two peaks in 2021, and the consolidation in 2018 when the US ETFs were launched. There is a good chance it holds.\n\n\nTHE BITCOIN $60,000 LEVEL",
  "path": "/research/2026/06/bitcoin-bounce-at-60k-but-more-needed/",
  "publishedAt": "2026-06-17T13:27:50.000Z",
  "site": "https://www.bytetree.com",
  "tags": [
    "Subscribe now"
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  "textContent": "### ByteFolio Issue 214;\n\nBitcoin’s ByteTrend Score remains a 0. The price has bounced but has yet to pass above either moving average, both of which are falling.\n\n### Bitcoin\n\nSource: Bloomberg\n\nSupport at $60k is a good thing because it is an important level with lots of history. This level marks the two peaks in 2021, and the consolidation in 2018 when the US ETFs were launched. There is a good chance it holds.\n\n### The Bitcoin $60,000 Level\n\nSource: Bloomberg\n\n### This post is for subscribers only\n\nBecome a member to get access to all content\n\nSubscribe now",
  "title": "Bitcoin Bounce at $60K but More Needed",
  "updatedAt": "2026-06-17T13:27:51.305Z"
}