Bitcoin (BTC) has reached a low of 76,700 USD, suggesting it might be nearing a bottom. The correction aligns with the stock market’s struggles, as fears of an economic downturn grow, but favorable derivatives indicate potential stability.
With concerns about a US government shutdown and signs of a real estate crisis, traders are optimistic about BTC’s potential recovery. Factors like a weakening dollar and historical data support notions that 76,700 USD could mark the rebound for Bitcoin.
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