Bitcoin's volatility has reached its highest level in 20 months. Morgan Stanley is advising its wealthier clients to consider Bitcoin ETFs, and there's a lot of good news coming in. However, Bitcoin still appears to be in a downtrend. If BTC can maintain its position between $54,000 and $58,000 for a week, we might see it cross $60,000 next week. But for now, you can consider shorting Bitcoin at $57,000 and closing the position around $55,000-$54,000.

$BTC

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