He added that such a trend increases the likelihood of a further decline in the $BTC rate. The analyst noted that Bitcoin is showing a trend very similar to the bear market of 2022, and if this trend continues, a final downward trend may occur, followed by a short-term recovery. At this stage, the analyst points out that the current Bitcoin recovery may continue, but it could face resistance in the range of $80,000 to $82,000, after which the price could fall below $55,000. He added that this resistance zone is centered around a significant "wall" for selling large batches of goods.

BTC2.35%
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