đ¨ Is This the Right Time to Buy Bitcoin? đ¨
Amidst todayâs market downturn, savvy investors are asking the big question: is now the perfect buying opportunity for Bitcoin? Despite the recent 2.6% dip, market analysts are pointing to several factors that could signal a potential rebound soon. Bitcoin halving has already reduced new supply, and strong accumulation patterns suggest that long-term holders are holding steady. đŞ
đ Key Indicators to Watch
âď¸ Liquidations have cleared out weak handsâover $340 million wiped in 24 hours.
âď¸ Positive funding rates show traders still have confidence in future upside.
âď¸ Bitcoin is hovering around support at $62,500, a critical level for a bounce.
Could this dip be a golden opportunity? Keep an eye on the charts and stay informed!
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