#BTC🔥🔥🔥🔥

#dump

(Post-halving, expected decline unfolding) Following Bitcoin's halving, anticipated price movements have materialized with little deviation, given the pre-incorporation of such shifts into the market dynamics. Despite hovering around $65,000, recent price action underscores the waning strength of bullish sentiment. However, a correction appears imminent to facilitate sustained upward momentum, necessitating a catalyst. Long positions initiated at the peak, particularly in the 67-70k range, could serve as such fuel, enticing significant players to capitalize on profit-taking opportunities. Additionally, a substantial accumulation of liquidations around 70-72k presents an attractive target for swift liquidity extraction, potentially driving prices down to a minimum of 53k. There's also the scenario where insufficient bullish momentum prevents a climb past 67k, leading to a descent from current levels. Regardless of the path taken, a downturn is anticipated, and its duration is expected to be protracted...

#BTC #Bitcoin #BullorBear $BTC