Bitcoin on the Edge: Will It Dip Below $60K? 💣

$BTC has been looking shaky lately, dropping 3% after a strong week and forming a classic bearish engulfing pattern on October 21. For traders, this could signal a correction ahead, as previous patterns like this have led to drops up to 26%! The key range to watch is the $60K zone. Bitcoin hasn't been able to flip $70K into support yet.

The good news? Fibonacci’s golden zone shows $BTC could find support around $62K-$63K, which traders see as a healthy correction before another possible run-up. This might be just a pit stop for $BTC before higher highs come in November! 📉💥

Stay sharp, traders—the next move could be big!

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