📢📢Blockchain news flash is here! Odaily Planet Daily reported that the latest report analysis of 10x Research predicts that Bitcoin may fall to $55,000. 😱😱

📉📉According to the trend model, Bitcoin has entered a downward trend since June 20, and trend-following funds (CTAs) may aggressively establish short positions, and the size of positions may even increase, especially when volatility decreases or is low. The current realized volatility is only 30%.

🔍🔍The report also pointed out that the weekly and monthly indicators sent bearish reversal signals, indicating that the market is undergoing a broad adjustment. Although the current Bitcoin price remains above $60,000, the weekly RSI peaked in early March and has declined. The monthly stochastic indicator is similar to previous multi-month peaks, such as January 2018 and May 2021.

🤔🤔Although this report does not seem optimistic, we are still confident in the prospects of Bitcoin! Let's pay attention to the future trend of Bitcoin together! 💪💪