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The analyst predicts that Bitcoin is likely to continue its bearish trend, potentially dropping to the 50k to 60k levels. This is based on historical patterns observed during previous bear markets, where prolonged periods of red candles precede a bottom. The current market conditions, with a potential for increased volatility due to geopolitical events and upcoming interest rate decisions, further support this bearish outlook. While there's a possibility of short-term rallies, the overall trend is expected to remain downwards until a clear bottom is established.