• Potential decline: Some analyses suggest a further decline to specific support levels, such as below $100,000 or even around $54,000–$55,000, especially if current support levels are breached. There are also predictions of a 78% chance that Bitcoin will fall below $65,000 this year.

• Potential increase/rebound: On the other hand, there is also the view that the current decline may merely be a medium-term correction within a broader still-bullish trend. Some analysts have identified key support areas where price reversals could occur, or if the price successfully breaks out from a specific trend line, rebound opportunities may open up.

$BTC

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