$BTC Bitcoin is currently in a period of uncertainty, with support at $57k not considered strong. However, if the price can sustain above this level, or if it can rally to $59k, BTC will likely begin a mid-term accumulation process. This process takes place while the market is waiting for important news in November, including the announcement of the next US president and the Fed's interest rate decisions. These factors can cause large fluctuations in the price of Bitcoin. However, it should be noted that the cryptocurrency market is very volatile and difficult to predict. While predictions may seem reasonable, they can still be inaccurate due to the influence of large groups holding Bitcoin, as seen in the recent sell-off when the price dropped from 67k to 57k.
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