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Key points:
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Bitcoin is attempting a comeback, which is expected to face stiff resistance at the breakdown level of $74,508.
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Several major altcoins are attempting a recovery, signaling that lower levels are attracting buyers.
Bitcoin (BTC) has risen above $68,500, as buyers attempt to form a higher low near $65,000. According to Glassnode, BTC is stuck between the true market mean at $79,200 and the realized price near $55,000. The onchain data provider expects the range-bound action to continue until a…