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Bitcoin's price movement might be more complex and winding than we imagined! The bulls and bears could keep oscillating and consolidating in the $58K-$62K range for several days before deciding to test the bottom. Right now, the predicted rebound high is around $62K, with a 50% probability. There's also a 20% chance the bulls might quietly push the price up to around $64K, but $64K would be the extreme limit for a rebound high. This kind of choppy market is tough to trade because it's hard to make accurate predictions.

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