Bitcoin Market Outlook

The cyclical bottom for Bitcoin has clearly emerged.
The 59,000 level has formed a strong support, and a rebound of several thousand points occurred immediately after hitting the bottom.
The probability of breaking below 60,000 in the next one or two months is very low.

It is expected that the next two days will see a recovery trend, with oscillations and upward movement, followed by consolidation around 70,000.
The risk of entering long positions has significantly decreased, and everyone can consider strategic positioning.