*BITCOIN_#PRICE_PERFORMANCE*
In the short-term picture, the Bitcoin price trend is under extreme supply pressure, evident by the ongoing pullback. As the pullback grows intense, the BTC price is on the verge of violating the $60,000 support twice in a matter of days. Thus, the biggest crypto, dominating almost 53% of the industry, is losing its bullish grip. pasted image 0 (20).png
Currently, the BTC price trades at $60,810, with a Doji candle forming in the monthly chart. Further, the 5% drop this week puts the support zone at risk and warns of a downfall.
However, if the history stays true, the Bitcoin is awaiting a pivot point for a massive bull run in 2024. So, let’s ask the Artificial Intelligence, ChatGPT, to predict when will the bull run start.
