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​​​​​​​Bitcoin price recovery hits wall at $6525 as BTC mining difficulty freefalls by 16%

​​​​​​​Bitcoin price recovery hits wall at $6,525 as BTC mining difficulty freefalls by 16%

Bitcoin price stabilizes above $6,400 following rejection at $6,525. Stability above $6,400 to function as a stepping stone for gains targeting $7,000. Bitcoin mining difficulty adjusted by -16% on March 26 making BTC production affordable but not profitable. Bitcoin price has since Monday been on a recovery journey following a dip to towards $5,800 over the weekend.