📉 Bitcoin's taken a tumble, folks! Dipped below $60K, hitting a 9-week low. Some market gurus like Markus Thielen of 10x Research reckon we could see it drop to $50K or lower. 😲

• $60K is a big deal for miners & Bitcoin Spot ETF buyers, marking the bottom of a 3-month trading range.

• Thielen warns that breaking this support could cause a sharp decline.

Politics and market conditions are playing their part too. Richard Galvin of Digital Asset Capital Management points to potential political shifts and the Mt. Gox overhang.

Andrew Kang, a crypto investor, even suggests a reset to $40Ks. 😱

• Bitcoin's lost 5.2% in 24 hours, 12.6% in a fortnight.

• Next support level? $51.5K.

And it's not just Bitcoin. Altcoins like Solana, Toncoin, Dogecoin, Avalanche, Shiba Inu, and Chainlink are feeling the heat too.

What do you think? Is this a temporary dip or a longer-term trend? Share your thoughts below! 👇 #Bitcoin #CryptoMarket