๐ Bitcoin faces a 3% dip to $63,600 ahead of the U.S. ISM Manufacturing data release on Tuesday. This typical bull-market pullback follows overbought conditions, says Markus Thielen from 10x Research. ๐
Thielen notes that since June, BTC has seen 10% sell-offs in the first week of the month when ISM data is released. A reading below 48 could trigger another drop, while a higher number might fuel a rally.
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