Last week, I predicted a short-term rebound to 75,500-77,000, and a medium-term bearish outlook with a potential bottom at 72.5K and 70K. This week, BTC actually broke through these levels. BTC plummeted from 74,000 to around 62,000. The medium-term prediction was 80% accurate, but the short-term prediction failed to materialize. This week, I predict that Bitcoin's price will fluctuate widely between 58K and 68K. You read that right, BTC will most likely retest the 58,000 level. This bull market, which started at 57,800, isn't dead yet, but it's in serious jeopardy. For details, please see this week's market report , which includes three medium- to long-term market scenarios and two predicted price movements this week.