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The market has fallen so much in the last quarter, that it is evident that the potential for falling has drastically decreased since its current value is only 35% of its ATH. Therefore at this time it could be expected that bears begin to lose strength because at these low prices the desire to sell is discouraged.
In a consolidated market, it would be expected that before resuming an upward trend the price will keep oscillating in narrow ranges for a prolonged time, and this may be the probable scenario of bitcoin for the coming months.