Bitcoin Shakeout Ahead: Analysts Predict Final Dip Before Bull Run Resumes
The Bitcoin market has seen some consolidation since Monday, maintaining a price above the $56,000 mark after a brief drop from $65,000 to around $52,600 last Friday. However, one analyst suggests that the bearish sentiment may still be ongoing, with expectations of a potential revisit to lower levels before a significant upward movement. BTC’s Future Price Action In Focus Crypto analysts known as “VirtualBacon” on X (formerly Twitter) have raised concerns about an impending “huge Bitcoin shakeout.” In the coming 2-3 weeks, the analyst explains that Bitcoin could experience one last....
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