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Bitcoin Price Analysis: BTC Falls Below $61,000, Here’s the Next Target

  • Bitcoin price falls below $61,000, indicating bearish sentiment gaining strength.
  • Failure to hold $60K support may lead to a mid-term decline towards $52K-$55K range.
  • Bitcoin's rejection at $66K resistance zone suggests it remains a formidable barrier.
  • Negative values in the Bitcoin Coinbase Premium Index indicate bearish sentiment in the market.

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