K33 Research said the market will have to withstand $4 billion to $7 billion of Bitcoin selling pressure in the middle of this year, which will put pressure on prices. 10x Research founder Markus Thielen said BTC has the potential to reach $60,000, but this rise will be short-lived. From a technical analysis perspective, the $55,000-56,000 range is forming a base, but there will be no tactical bullish counter-trend rebound in the short term. (Coindesk) #DYOR42711