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Bitcoin price has decreased since March 14th within a tight range, with a bullish trend dominating the market. Volatility has decreased, indicating stability and less worry about uncertainties. Fear and greed index is at 55, showing rising investor greed and a positive outlook on BTC. Bitcoin is currently moving faster in this cycle by around 210 days. The price may drop to ,000 before a rebound, possibly reaching ,000 in an optimistic scenario.
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