#BTCPredictedNewATH Bitcoin's price is currently experiencing bearish momentum as it continues to decline after reaching $66,498 in late September. Analysts expect further drops, with potential support levels at $51,000 and $54,000. Market sentiment is cautious as Bitcoin remains in a long-term corrective phase, having traded in a descending channel for over 200 days.

Market tips: Consider short positions or waiting for clear signs of reversal before re-entering the market. Watch for potential breakdowns at key support levels, which could indicate further bearish movement.