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Bitcoin remains in a broader downtrend since its peak near $65,103, with the recent dip to $52,546 potentially marking a bottom. While BTC has rebounded, the resistance between $56,000 and $58,000 remains significant. Volume analysis shows weaker buying pressure during the recovery compared to the strong selling from the $58,000 region, hinting at cautious market sentiment. Traders should watch whether bulls can drive the price past these resistance levels.
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