Bitcoin at 84,640 USD – Can BTC hold on or drop to 60,000 USD?

At 84,640 USD, a critical breakpoint exists for Bitcoin. If it maintains this level, new all-time highs may be achievable; if not, a drop to 64,700 USD or 60,000 USD could occur.

The CVDD channel is vital for recognizing investor trends and establishing support for Bitcoin. Historical patterns show that breakdowns often precede rallies, highlighting the channel’s predictive capacity.

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