🚀#BitcoinUpdate 🚀
📉 BTC dropped $6,000 from September 29 to October 3, hitting a low of $59,860 due to geopolitical tensions in the Middle East.
📊 Lost key support levels: 50-day EMA ($61,318) and 100-day EMA ($61,438).
🔍 AlphaBTC: BTC could continue to fall, advise holding capital to buy when the price drops deeper.
💬 Crypto Rover: If BTC loses $60,000 support, the situation will be worse.
📈 Two scenarios:
1. Up: Rebound to $70,000 if $61,370 holds.
2. Down: Down to $58,000 if $60,000 support is lost.
📉 Emperor Keo: Deeper downside target could be $52,000.
📊 Crypto Patel: If $60,000 holds, $63,000 is possible. Otherwise, prepare for $55,000.
📈 200-day EMA is the last line of defense at $59,890.
👉 What do you think about BTC's future? Comment below! 💬
#Crypto#Blockchain #FinanceNews