📈 Pay attention to key price levels in the Bitcoin market!

Right now, $56,000 is a critical zone for Bitcoin. It acted as strong support in early May 2024, leading to a significant bounce back to $72,000. If $56,000 is broken, the next crucial support is around $50,000. Remember, if these levels break, it could lead to further pressure on altcoins.

Looking ahead, I'm optimistic about the last quarter of 2024 and the first quarter of 2025. Here’s why:

- US elections are on the horizon.

- Token 2049 in Singapore has historically been a bullish event.

- We'll also mark six months post the halving, which tends to be positive for Bitcoin.

So, my advice is to hold onto your investments and resist the urge to switch your altcoin portfolio hastily. Sometimes waiting for the right market sentiment and positive news can make all the difference. Stay patient and stay informed!