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Bitcoin is still fluctuating within a range. These days, the NASDAQ has been falling sharply, but Bitcoin hasn't dropped significantly along with it. However, I mentioned before that if the US stock market keeps declining and crashes, Bitcoin is likely to struggle as well.
Since Bitcoin dropped to $60,000 on February 6, it has been consolidating around this price level for nearly two months. After such an adjustment, it will eventually choose a direction, most likely downward, because the US stock market probably won't improve much.
The last time Bitcoin dropped to $80,000 was from November 21 to January 30, during which it also consolidated for over two months. So this time, it's probably nearing a point where it needs to choose a direction and reverse trend.