June 7, 2025

Bitcoin’s Bull Market Faces Potential Correction as Key Trendline Breaks, Analyst Says

1 min read

Bitcoin’s bull market trend appears to be breaking, signaling a potential correction. An analyst suggests that BTC could move towards the 0.38 Fibonacci level, possibly hitting the $50,000 mark. The possibility of a range forming at the 0.23 Fibonacci level is also being considered for short-term price consolidation. This article examines potential changes in Bitcoin’s

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Source: CoinOtag

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