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๐Ÿ“ฐ Crypto Market Update โ€“ June 5, 2025

๐Ÿ“‰ Bitcoin Dips Below $105K Amid Market Volatility

Bitcoin has fallen below the $105,000 mark, trading at approximately $104,649, reflecting a 0.67% decline in the last 24 hours. This downturn is attributed to bearish divergence and weak derivatives data, signaling a potential deeper correction ahead.

๐Ÿ“ˆ Golden Cross Signals Potential Bullish Trend

A Golden Cross has been confirmed on the total crypto market cap chart, where the 50-day moving average crosses above the 200-day moving average. This technical indicator is often seen as a strong buy signal, suggesting a potentially massive bullish trend for Bitcoin and altcoins.

๐Ÿ’ฌ What's Your Take?

Is the recent dip a buying opportunity or a sign of further decline?

Will the Golden Cross lead to a sustained bullish trend?

๐Ÿ‘‡ Share your thoughts in the comments below!

#Bitcoin #CryptoNews