đš BITCOIN WARNING SIGNAL CONFIRMED (Get Ready)!!! â ïž
Rich investors are buying $BTC.
Bitcoin is at a crucial point, and analysts are warning about a possible major crash. The cryptocurrency has been in a downward trend for almost seven months and is under pressure due to geopolitical tensions, especially in the Middle East, and a stronger U.S. dollar. Some experts believe that if this bearish trend continues, Bitcoin could drop to $40,000 or even lower.
Despite the negative outlook, there are also signs of a possible recovery. Historically, October is a strong month for Bitcoin, and some patterns suggest a rally as we get closer to Bitcoin's next halving in November 2024. Investors should watch key support levels, especially around $56,130, and the 50-day Exponential Moving Average at $59,662. If Bitcoin can break above these levels, it could signal a recovery.
Stay alert and watch for market volatility!
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