<ul><li>Bitcoin is currently trading above $61k with a possibility of a short-term recovery.</li><li>Key support levels for Bitcoin are at $60k-$61k, with next support levels at $59.5k, $58k, and a significant support zone between $56k-$57k.</li><li>Resistance levels for Bitcoin are at $61.9k and $63.3k, with further resistance at $64.5k and between $67k-$68k.</li><li>The recent breakout of the U.S. Dollar Index (DXY) suggests a bearish impact on Bitcoin, as historically they tend to move in opposite directions.</li></ul>

Bitcoin Price Prediction: Short-Term Bounce Ahead, But $56K Dip Threatens Larger Rally

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