🚨 BITCOIN Below $60K Again—Should You Be Worried? 🚨
$BTC just dipped below $60K for the first time since September 18, and bearish headlines are flooding in. But is this a reason to panic? Not quite! Here’s why we’re still optimistic:
Higher High formed on September 27 for the first time in 6 months! 🚀
Higher Lows since the August 5 bottom show a solid uptrend 📈
While the 1D MA50 was broken, the 1W MA50 (which held on August 5 and September 6) is still intact! 🔴
Even better, BTC's current pattern resembles an Inverse Head & Shoulders, with a potential $80K target based on the 2.0 Fibonacci extension. As long as the 1W MA50 holds, this breakout scenario is very much alive!
🔥 What do you think? Are we heading for $80K? Share your thoughts!