May 7, 2025

Bitcoin Threatens Major Correction if Support at $56,000 Fails

1 min read

The latest data suggests a critical support level for Bitcoin, below which a deeper correction could occur. CryptoQuant, an on-chain data and analytics platform, highlighted this crucial level on their official Twitter account. It was noted that if Bitcoin falls below this support, a significant price correction might be inevitable. Discover the crucial support level

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Source: CoinOtag

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