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Bitcoin At Risk Of Deeper Correction – Could A $65,000 Retest Be Imminent? Bitcoinist 03 Nov 2024

Bitcoin At Risk Of Deeper Correction – Could A $65,000 Retest Be Imminent? 📉

Cryptocurrency Bitcoin

Bitcoin, the leading digital asset in the cryptocurrency market, has recently experienced price fluctuations that have caused unease among investors. After a notable rally, Bitcoin's ability to sustain its upward trajectory is now in question.

The critical focus is on whether Bitcoin will test and potentially hold its current support level at $65,000. This level is seen as pivotal for maintaining investor confidence in the digital asset's long-term bullish outlook.

As market sentiment shifts, the cryptocurrency community is closely watching for signs of either a continuation of the rally or a deeper price correction. This uncertainty adds to the existing volatility within the digital currency market.

Source: bitcoinist.com ↗

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