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Bitcoin could crash to $48,000, if this historical pattern is triggered

Bitcoin could crash to $48,000, if this historical pattern is triggered

Hex37's read

  • Bitcoin may drop to $48,000 based on a historical pattern.
  • This pattern has been consistent through all previous market cycles.
  • The pattern has not yet been tested in the current market cycle.

What it means for traders

  • Traders should monitor for signs of the historical pattern confirming a potential bearish move.
  • A confirmed pattern could signal a significant downside risk for BTC, impacting related assets.

Affected markets

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