Analyst Willy Woo believes that the selling pressure on Bitcoin may have eased, and the price could remain within the range of $60,000 to $70,000 in the coming months. However, he warns that if the global macroeconomic situation worsens, support levels could drop to $30,000 or even $16,000. Other analysts, including Matt Hougan from Bitwise, also believe that the selling has essentially ended, marking the arrival of the typical "crypto winter" phase. It is expected that Bitcoin's price will consolidate sideways for the long term, repeatedly testing the support zone of $62,000 to $65,000, before a potential rebound occurs.

BTC-2.91%
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