"$58,000 has been hit! The next target is $56,500.

The $62,000 level dropped due to news, causing a downward trend. We've now bounced back from $58,000 and are moving toward the $60,000 resistance. I expect the price to face rejection there. The plan is to target $56,500 next.

If the market is bullish, we could see the price break through all levels and hit a new local high, but I think that's less likely.

The market's decision will come soon!

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