Bitcoin’s $57K slide puts my $49K cycle-low thesis in play unless bulls reclaim $60K
Bitcoin is close enough to my lower channel levels that the old $49K framework is back in play, but confirmation still depends on acceptance below the high-$50Ks and stress from flows, leverage, and miners.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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