๐๐ฐ Bitcoin under pressure.. Is it nearing a new downward wave? ๐ฐ๐
Bitcoin is struggling to maintain upward momentum, as it remains below $85,000 and faces ongoing selling pressure! ๐จ๐ Although the long-term market remains positive, the short-term outlook appears negative due to investor hesitation and fear of the near future. ๐ฐ๐
โก๏ธ A strong selling wave threatens Bitcoin!
The CDD indicator points to an increase in fear-driven selling, with short-term investors liquidating up to 10,000 Bitcoins daily โ the highest level since August 2024! ๐๐ฅ
๐ก Is it a buying opportunity or the beginning of a new collapse?
๐ฆ Some investors see these pullbacks as a golden opportunity to buy Bitcoin at lower prices! Meanwhile, others prefer to wait for strong bullish signals before making their decisions. ๐ค๐ฐ
๐ฏ Upcoming scenarios:
๐น If Bitcoin breaks through $85,000 and maintains support at $87,041, there may be upward momentum ahead! ๐๐
๐น However, if the decline continues, it could drop to $82,761 or even $80,000, increasing investor losses. โ๐
What do you think? Is this a buying opportunity or is caution warranted? ๐ญ๐
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