Bitcoin's price may decline to the low $60,000s if it fails to maintain support at $68,000, with significant downward pressure from concentrated long positions. A large sell wall above $72,000 and a liquidity gap between $60,500 and $66,000 could accelerate a price fall. Analysts anticipate Bitcoin fluctuating between $60,000 and $72,000 in the near term with risk of correction if key support levels do not hold.

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