The price of Bitcoin (BTC) has surpassed $60,000, generating an optimistic sentiment in the crypto market. Seasoned traders are sharing chart predictions based on historical data, with some anticipating a dip to $40,000 range while others believe new all-time highs are on the horizon. Analysts point to Bitcoin's movement into a critical price resistance area, noting that breaking through could lead to significant upward momentum, but caution against a possible rejection. Doctor Profit, a respected analyst, predicts a bullish breakout for BTC despite previous predictions that haven't fully materialized.
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