Based on BTC's monthly movement, the 101.5k level is showing strong support. According to our analysis, it's highly unlikely for BTC to drop below 101.5k. However, if it does break this level, it could potentially fall to 96k — though that remains a low-probability scenario. As always, DYOR (Do Your Own Research).

🚨 Bitcoin Market Outlook: Strong Support & Massive Potential 🚨
$BTC

BTC is showing strong resilience and won't dip below $52,700 during the 2024-2025 cycle. Why? Because the MA (50) support level is at $52,771 and it's steadily rising every week, giving BTC a firm foundation. 💪

Currently, Bitcoin has a crucial support at $57,499. If it breaks through $57,471, we could see BTC touching the MA (50) once again before bouncing back. 📉 But here’s the exciting part—after this potential dip, Bitcoin is poised for a 3-month rally leading into the 2024 Halving and ETF approval season. 🚀

With this bullish momentum, BTC is projected to soar between $94,000 and $120,000. This could be a massive opportunity for those ready to ride the wave! 🌊📈( LONG TERM ONLY)

As always, make sure to manage your risk and stay updated with key levels. The next few months could be game-changing for Bitcoin.

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