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A decline to the $60,000 range is the most probable scenario in the market.
Betting on Bitcoin dropping below $60,000 in the 6.22-6.28 range has a 31% probability, with odds of 3.23x, and the interest is significantly higher than the two options of a surge to $66,000 or a deep drop to $58,000.
In the short term, the market leans toward a correction and downward movement.