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Bitcoin Price Prediction: Crash Over, Rally Ahead; Next Stop $68,000

  • Bitcoin has bounced from a key support area, indicating a potential short-term recovery.
  • The rebound coincides with oversold signals, suggesting a shift in momentum.
  • Key support zone is between $60,200 and $61,200. Falling below $60,000 could lead to a decline towards $56,000-$57,000.
  • Resistance levels to monitor are $63,000, $64,500, and $67,000-$68,000, with a breakout above $68,000 necessary for a more bullish sentiment.

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