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Bitcoin Price Forecast: Understanding Forces Holding BTC Price Sub-$60K

Bitcoin price forecast: The price of BTC dropped by 2.8% in the last 24 hours to trade around $57,556 at press time. Despite optimism among the market participants about Bitcoin’s recovery, several factors continue to hold it below the $60,000 threshold. Can Bitcoin break above this barrier before the Bitcoin2024 conference on July 25?

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