Bitcoin trades near $62,900 heading into the weekend, having touched an intraday low of $62,538 on Aug. 14. That low effectively tested the $62,500 to $62,560 zone that has held as the floor of a five-week trading range between roughly $62,000 and $66,000.

Source: [CryptoSlate](https://cryptoslate.com/bitcoin-has-nowhere-to-hide-this-weekend-if-62500-breaks/)

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