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Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts

The market will have to absorb $4 billion to $7 billion of bitcoin selling pressure throughout the middle of the year, which will weigh on prices, K33 Research said.

Bitcoin (BTC) price on July 9 (CoinDesk)
Bitcoin (BTC) price on July 9 (CoinDesk)