$BTC is currently trading at $60,432, experiencing a minor pullback of 1% over the past 24 hours. Encouragingly, Bitcoin has demonstrated a bullish bias, closing above its opening price 52.87% of the time. However, it's worth noting that BTC is still 16.86% off its recent all-time high of $72,689, reached just 4 months ago. This consolidation phase presents a potential buying opportunity for those looking to accumulate before the next leg up. With Bitcoin's historical resilience, a rebound to new highs is certainly within the realm of possibility.

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