📉 Bitcoin's Bollinger Band is stretching like a yoga master, hinting at a possible price dip, say crypto traders. But don't panic! This is just the bull market taking a breather after a year-long sprint. 🏃‍♂️💨 If we follow the 2017 market cycle, worst-case scenario is a dip to $53K. But hey, who doesn't love a good sale? 😉 Strong buy-side support is forming around $59K-$61K, with secondary support down to $50K. If BTC drops to $59K, $2.2B of long positions could be liquidated. But if it rises just 1.15% to $65K, $551M in short positions will be wiped out. What do you think? Comment below! 👇💬