Bitcoin Super Prediction
Currently, Bitcoin has broken below the $59,678 level, with minor support near $59,005. Trend analysis suggests that the price is likely to continue falling. If it breaks the critical support level of $52,000, it could potentially decline further towards $42,000. Although the probability of reaching $42,000 is relatively low, falling to $52,000 is more likely.
Importantly, this downturn is not expected to be abrupt but will likely be a gradual, oscillatory decline, similar to the reduction from $73,000 to $60,000. This gradual fall may slowly diminish retail investors' perceptions. Bitcoin is expected to begin stabilizing slowly around $52,000 and might start to oscillate upwards, particularly with a potential rebound anticipated in August.
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