Bitcoin's price could dip to $80,000 in a potential market correction, warns chart analyst Aksel Kibar. Despite failing to regain the $100,000 mark, Kibar suggests a head-and-shoulders pattern may indicate a downturn, with targets between $90,000 and the mid-$60,000s. However, some traders remain skeptical of such a deep correction. Meanwhile, Bitcoin whales are making moves, transferring stablecoins to exchanges, hinting at a possible market revival. As 2024 approaches, this activity is seen as a positive sign, despite recent market volatility and ETF outflows.
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