Attention crypto enthusiasts! 🌟

On August 1, Bitcoin (BTC) fell more than $1,600 in just 60 minutes, going from $64,000 to $62,800. This volatility liquidated long positions for $310.27 million in 24 hours. Despite this, analyst Mags is optimistic, noting that BTC remains above crucial support and could rally soon.

What do you think of this fall? Is it a buying opportunity? Leave us your comment! 💬

Remember, always do your research before investing.