Bitcoin’s recent drop below key support levels raises concerns about the viability of its ongoing bullish trend. Technical analysis suggests a risk of a 50% correction, leading to further caution among investors, particularly after significant liquidation of leveraged long positions.
Analysts believe Bitcoin might only have days left of price growth before facing a potential downturn. Predictions based on past cycles suggest the bull run could conclude soon, indicating that investors should brace for increased volatility in BTC markets.
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