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As of the past few hours, Bitcoin (BTC) is trading around $63,000 to $64,300. It is facing resistance at the $64,500 level, struggling to break through despite positive market developments such as institutional demand and ETF inflows. Analysts have noted that Bitcoin's recent price movement is supported by short liquidations and accumulation by whales, which has helped stabilize its price after it encountered resistance at $65,000.

Looking forward, some analysts are predicting that Bitcoin might experience a breakout toward the end of September or early October, driven by historical trends around the Bitcoin halving and growing demand from ETFs. However, market volatility persists due to macroeconomic concerns like the US election and global economic uncertainties​

It's a good idea to keep an eye on key resistance and support levels—$64,700 being a crucial point for a potential rally, while a drop below $62,000 could signal further declines​