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Turning Point

Is a severe drop in the price of Bitcoin approaching?

Crypto analyst Dom has indicated that a severe drop in the price of Bitcoin could be approaching as it nears a structural turning point. Bearish sentiment about Bitcoin (BTC) is increasing. Crypto analyst Dom has stated on X that a severe drop in its price could be imminent as it approaches a structural turning point, according to Jake Simmons in News BTC.

"Bitcoin is nearing a structural turning point that could trigger a severe drop if the bulls do not act quickly. If this continues, it will collapse," warned Dom, referring to a wave of relentless selling pressure and decreased liquidity on major exchange platforms.